Compass And Lee & Associates Lease Industrial Property In Whippany
LEASED
New Jersey
See Similar DealsIndustrial12,890 SF
Leased 05/31/2022
LEASED
Compass And Lee & Associates Lease Industrial Property In Whippany
29 Leslie Court, Whippany, New Jersey 07981, United States
See Similar DealsIndustrial12,890 SF
Leased 05/31/2022
Summary
NEW JERSEY
Asset Type:Industrial
Total Square Footage:12,890 SF
Transaction Type:Lease
The industrial property located at 29-37 Leslie Ct in Whippany has been leased. The lease transaction was completed on May 31, 2022.
Summary of transaction details:
- Property Type: Industrial
- Address: 29-37 Leslie Ct, Whippany
- Market: Whippany
- Brokers: Kevin Cavanaugh - Compass & Conor Krup - Lee & Associates
- Asking Rent: $11.50 per square foot
- Size: 12,890 square feet
The deal was facilitated by Kevin Cavanaugh from Compass and Conor Krup from Lee & Associates, who represented the parties involved in the lease agreement. The terms of the lease included an asking rent of $11.50 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$738,847.02
Total Lease Value
$7,388,470.22
Net Landlord Cash Flow$738,847.02
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