LEASEDIndustrial
1800 Furnish Leases Industrial Property In Freehold, NJ For 5 Years
183 Three Brooks Road
$15
$15/SF
Building Size
12,500 SF
Asset Type
Industrial
Closing
Mar 20, 2023
AI
1800 Furnish has leased a industrial property located at 183 Three Brooks Road in Freehold, NJ. The property spans approximately 50,000 square feet and the lease term is for 5 years.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $14.75/ft
- Lease Term: 5 years
- Market: Freehold, NJ
The lease deal was facilitated by Adam Agus from Booth Street and Sol Meyer from Property Advisors USA.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1057533.33%
Cash-on-Cash
-302246.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93