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200 International Dr, Budd ...

Updated Oct 29, 2024

Stephen Sander Negotiates 102,839 SF Industrial Sublease For Breaking Games At 200 International Dr
LEASEDIndustrial

Stephen Sander Negotiates 102,839 SF Industrial Sublease For Breaking Games At 200 International Dr

200 International Dr, Budd Lake, NJ, 0...

Building Size

102,839 SF

Asset Type

Industrial

Closing

Nov 22, 2023

About this deal

AI

The industrial sublease negotiated by Cushman & Wakefield for Breaking Games LLC encompasses 102,839 square feet within the 217,500-square-foot industrial property at 200 International Drive in Mount Olive. Built in 1984, the building boasts 24-foot clear heights, nine loading docks, and around 6,000 square feet of office space. The property's prime location offers easy access to Interstate 80 and State Route 46.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not provided in the context
  • Address: 200 International Dr, Budd Lake, NJ
  • Market: Budd Lake
  • Landlord's Rep: Stephen Sander (Cushman & Wakefield)
  • Landlord: Bosal USA
  • Square Feet: 102,839

Stephen Sander of Cushman & Wakefield acted as the representative for the sublandlord, Bosal USA, in facilitating the industrial sublease for Breaking Games LLC in Mount Olive.

Players

Stephen Sander

Cushman & Wakefield

Broker

2 deals

Broker

Budd Lake 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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