Updated Dec 4, 2024
Pickle Jar Acquires Industrial Space In Hillsborough On Long-Term Lease
315 Roycefield Road
Building Size
20,000 SF
Asset Type
Industrial
Closing
Feb 16, 2024
About this deal
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Pickle Jar
- Broker: Jason Zimmel - Zimmel Associates
- Lease Term: 10-year
Traded’s record for 315 Roycefield Road in Hillsborough, New Jersey covers a industrial lease from 2024. The building is 20,000 square feet, implying about 0 per square foot on the published price. Jason Zimmel, Zimmel Associates appear on the lease alongside Zimmel Associates. This page is the Hillsborough, New Jersey file for the 315 Roycefield Road industrial leased: pricing, party profiles, and other closed industrial comps from the same Hillsborough sit in the Market section below. Filter that Hillsborough industrial set by closing date to see what else leased near 315 Roycefield Road around 2024. Cite this Pickle Jar Acquires Industrial Space In Hillsborough On Long-Term Lease lease when underwriting similar industrial product around Hillsborough, New Jersey.
On the Map
Industrial
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Players
Hillsborough 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