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8 Nicholas Court

Clarion Partners Leases Industrial Space To SI International At 8 Nicholas Court In Dayton NJ
LEASEDIndustrial

Clarion Partners Leases Industrial Space To SI International At 8 Nicholas Court In Dayton NJ

8 Nicholas Court

$15

$15/SF

Building Size

86,115 SF

Asset Type

Industrial

Closing

Mar 25, 2025

AI

This industrial asset, located at 8 Nicholas Court in Dayton, NJ, has a leasing price of $15.75 per square foot and encompasses a total area of 86,115 square feet. The lease type is NNN, and the current transaction involves a lease renewal.

Summary of transaction details:

Nate Demetsky represents Clarion Partners while Joseph Ash represents SI International in this lease renewal transaction, facilitating the ongoing relationship between landlord and tenant for this industrial property in New Jersey.

Players

Joseph Ash

Kassin Sabbagh Realty

Broker

$1.3B

vol

15 deals

Broker
Clarion Partners
Clarion PartnersLandlord

Monroe Township 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