Updated Dec 20, 2023
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
About this deal
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.
The industrial sale at 161 Industrial Parkway, Branchburg, New Jersey 08876, United States in Branchburg, New Jersey sold for $2.7M in 2022. The building is 5,000 square feet, implying about 540 per square foot on the published price. Tim Deluccia, Berkshire Hathaway HomeServices appear on the sale alongside Berkshire Hathaway HomeServices. This page is the Branchburg, New Jersey file for the 161 Industrial Parkway, Branchburg, New Jersey 08876, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Branchburg sit in the Market section below. Filter that Branchburg industrial set by closing date to see what else sold near 161 Industrial Parkway, Branchburg, New Jersey 08876, United States around 2022. Published consideration for 161 Industrial Parkway, Branchburg, New Jersey 08876, United States is $2.7M, dated 2022. Cite this Deluccia Commercial Group Brokers $2.7M Sale Of Industrial Property On Industrial Parkway In Branchburg sale when underwriting similar industrial product around Branchburg, New Jersey.
On the Map
$2,700,000
$540/SF
Industrial
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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