facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Industrial

/

Sale

/

210 West Commercial Avenue

Dora's Naturals Acquires Industrial Property In Moonachie From Beauty Plus For $31M
SOLDIndustrial

Dora's Naturals Acquires Industrial Property In Moonachie From Beauty Plus For $31M

210 West Commercial Avenue

$31,000,000

$295/SF

Building Size

105,000 SF

Asset Type

Industrial

Closing

Jul 10, 2024

AI

A 105,000-square-foot industrial property located at 210 West Commercial Avenue in Moonachie, N.J., was sold for $31 million. The asset, acquired by Dora's Naturals from Beauty Plus, is strategically positioned near Route 17 with accessibility to interstates 80 and 95.

Summary of transation details:

The deal's key individuals and companies involved in the transaction include the buyer, Cyrus Schwartz from Dora's Naturals, the seller, Beauty Plus, and the brokers representing the deal, Kevin Dudley, Chad Hillyer, Nicholas Klacik, Elli Klapper, Kate Granahan, and Brian Fiumara from CBRE.

Players

Brian Fiumara

CBRE

Broker

$1.6B

vol

24 deals

Broker

Moonachie Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93