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201 Littleton Road

Camisa Fitness Dynamics Leases Office Space At 201 Littleton Road In Morris Plains For $21/ft
LEASEDOffice

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

Rick Genthe

Lincoln Property Company

Broker

3 deals

Broker
Lincoln Property Company
Lincoln Property CompanyBrokerage

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