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687 Lehigh Avenue, Union, N...

Updated Oct 28, 2024

Eom Union LLC Acquires Industrial Property On Lehigh Ave In Union For $4.1M
SOLDIndustrial

Eom Union LLC Acquires Industrial Property On Lehigh Ave In Union For $4.1M

687 Lehigh Avenue, Union, NJ, USA

$4,100,000

$107/SF

Building Size

38,000 SF

Asset Type

Industrial

Closing

Mar 2, 2021

About this deal

AI

An industrial property located at 687 Lehigh Ave in Union has been sold. The property was purchased by Eom Union LLC for a price of $4,100,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,100,000
  • Address: 687 Lehigh Ave, Union

Eom Union LLC is the buyer in this transaction.

The industrial sale at 687 Lehigh Avenue, Union, NJ, USA in Union, New Jersey sold for $4.1M in 2021. The building is 38,000 square feet, implying about 107 per square foot on the published price. This page is the Union, New Jersey file for the 687 Lehigh Avenue, Union, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Union sit in the Market section below. Filter that Union industrial set by closing date to see what else sold near 687 Lehigh Avenue, Union, NJ, USA around 2021. Published consideration for 687 Lehigh Avenue, Union, NJ, USA is $4.1M, dated 2021. Cite this Eom Union LLC Acquires Industrial Property On Lehigh Ave In Union For $4.1M sale when underwriting similar industrial product around Union, New Jersey.

Players

Union Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $107 per square foot on a published $4.1M for 38,000 square feet (2021).

Browse New Jersey industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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