Deluccia Commercial Group Brokers $2.7M Sale Of Industrial Property On Industrial Parkway In Branchburg
161 Industrial Parkway, Branchburg, New Jersey 08876, United States
$2,700,000
$540/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Sep 21, 2022
AI
The industrial property located at 161 Industrial Parkway in Branchburg has been sold for a transaction amount of $2,700,000. The property spans a total area of 5,000 square feet, resulting in a price per square foot of $540.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,700,000
The sale was facilitated by Tim Deluccia of Deluccia Commercial Group, who served as the broker for the deal.
Branchburg 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93