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354 Eisenhower Parkway, Liv...

Updated Oct 28, 2024

RMG CPA Leases Office Space In Livingston's 354 Eisenhower Parkway
LEASEDOffice

RMG CPA Leases Office Space In Livingston's 354 Eisenhower Parkway

354 Eisenhower Parkway, Livingston, New Jersey 07039, United States

Building Size

11,302 SF

Asset Type

Office

Closing

Oct 18, 2022

About this deal

AI

Located at 354 Eisenhower Parkway in Livingston, this recently leased office space is an asset type of office. The transaction took place on 10/19/2022, with a lease agreement between the landlord, Allwood Associates I, and the tenant, RMG CPA - Austin Filis.

Summary of transaction details:

  • Property Type: Office
  • Transaction Date: 10/19/2022
  • Address: 354 Eisenhower Parkway
  • Market: Livingston
  • Landlord: Allwood Associates I
  • Tenant: RMG CPA - Austin Filis
  • Landlord's Representative: CBRE
  • Tenant's Representative: Jeff Heller & Drew Persson - Avison Young
  • Asking Rent: $25.5/ft.
  • Square Footage: 11,302

The lease deal was facilitated by CBRE, representing the landlord, and Jeff Heller & Drew Persson from Avison Young, acting as the tenant's representatives. The asking rent for this office space was $25.5 per square foot, with a total area of 11,302 square feet.

Players

Jeffrey Heller

Avison Young

Broker

$16.2M

vol

2 deals

Broker

Livingston 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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