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1654 High Hill Rd Logan Tow...

Swedesboro Industrial Property Sells For $13.5M
SOLDIndustrial

Swedesboro Industrial Property Sells For $13.5M

1654 High Hill Rd Logan Township, NJ 08085, USA

$13,500,000

$113/SF

Building Size

119,000 SF

Asset Type

Industrial

Closing

May 11, 2023

AI

An industrial property in Swedesboro has been sold for a price of $13,500,000. The property comprises of an undisclosed number of units, with an approximate price per unit of Infinity$. The total square footage of the property is 0, resulting in an approximate price per square foot of Infinity$. The exact address of the industrial property is not provided.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $13,500,000

No additional information is available regarding the buyer, seller, buyer's representative, seller's representative, or brokers involved in this transaction.

Players

Brian Fiumara

CBRE

Broker

$1.6B

vol

24 deals

Broker

New Jersey 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93