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240 West Pkwy, Pequannock T...

FCA Leases 127800 Square Feet At 240 West Pkwy In Pompton Plains With Brokers Ed Schein And Jeffrey Fulton
LEASEDIndustrial

FCA Leases 127800 Square Feet At 240 West Pkwy In Pompton Plains With Brokers Ed Schein And Jeffrey Fulton

240 West Pkwy, Pequannock Township...

Building Size

127,800 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 240 West Pkwy, Pequannock Township. It has a total area of 127,800 square feet and is situated in the Pompton Plains market. The lease is executed with FCA as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 240 West Pkwy, Pequannock Township
  • Market: Pompton Plains
  • Square Feet: 127,800
  • Landlord's Representative: Ed Schein, Jeffrey Fulton - Team Resources
  • Landlord: FCA

The deal was facilitated by the landlord's representatives, Ed Schein and Jeffrey Fulton, who are associated with Team Resources. They played a crucial role in negotiating the terms of the lease for the property.

Players

Ed Schein

Team Resources

Broker

$1.8M

vol

3 deals

Broker
FCA
FCALandlord

Pompton Plains Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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