Updated Jun 4, 2026
Christopher Devli Of Devli Real Estate Acquires 67,000-Sqft Mixed-Use Property In Upper Saddle River
118 New Jersey Highway 17
Building Size
67,000 SF
Asset Type
Mixed-use
Closing
Jun 2, 2026
About this deal
AI
Devli Real Estate acquired a mixed-use property consisting of 67,000 square feet at 118 Route 17 North in Upper Saddle River, New Jersey. This asset includes flex industrial and retail space and is situated on a 6.3-acre infill lot with highway frontage.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Address: 118 Route 17 North
- Market: Upper Saddle River, NJ
- Asset Size: 67,000 square feet
Christopher Devli represented the buyer, Devli Real Estate, in this transaction. The seller's identity was not disclosed. This deal underscores the ongoing demand among investors for supply-constrained Northeast industrial-flex assets with favorable access to the New York metro area.
On the Map
Mixed-use
View full map
Players
Saddle River Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse Saddle River mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93