Updated Oct 28, 2024
Xebec Acquires 10.69 Acre Industrial Property In East Brunswick, NJ For $10.7M
15 Harts Lane, East Brunswick, NJ 08816
$10,700,000
$4,099/SF
Building Size
2,610 SF
Asset Type
Industrial
Closing
Nov 7, 2021
About this deal
AI
The industrial property located at 15 Harts Lane in East Brunswick, NJ has been sold in a recent transaction. This property spans over an area of 10.69 acres, making it a sizable asset in the market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $10,700,000
- Date: 11/07/2021
The buyer in this transaction is Xebec, represented by Jay Soni & Justin Passaretti. The sale price for this industrial property was $10,700,000.
Note: No additional information regarding this transaction was provided.
On the Map
$10,700,000
$4,099/SF
Industrial
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East Brunswick Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93