Updated Oct 28, 2024
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
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