Camisa Fitness Dynamics Leases Office Space At 201 Littleton Road In Morris Plains For $21/ft
201 Littleton Road
$21
$21/SF
Building Size
3,505 SF
Asset Type
Office
Closing
Mar 31, 2025
AI
The property asset is located at 201 Littleton Road in Morris Plains, featuring an office type with a total square footage of 3,505. The property was leased at an asking rent of $21 per square foot on a Full Service Gross lease basis.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $21/ft
- Address: 201 Littleton Road
- Market: Morris Plains
- Tenant: Camisa Fitness Dynamics
- Landlord's Representative: Sean O'Brien, Robert Lee & Rick Genthe - Lincoln Property Company
- Tenant's Representatives: Alexander Vezza - Christie's International Real Estate; Cara DiTommaso - Brown Harris Stevens
- Square Footage: 3,505
- Lease Type: Full Service Gross
Key individuals involved in the transaction include the landlord's representatives, Sean O'Brien, Robert Lee, and Rick Genthe from Lincoln Property Company, along with tenant representatives Alexander Vezza from Christie's International Real Estate and Cara DiTommaso from Brown Harris Stevens. Their roles were crucial in facilitating the lease agreement for Camisa Fitness Dynamics.
Players
Morris Plains Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
755380.95%
Cash-on-Cash
-215890.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93