LEASEDOffice
Lionstone Capital Leases 23000 Square Feet At 401 Hackensack Ave With CBRE Representatives
401 Hackensack Avenue, #411
Building Size
23,000 SF
Asset Type
Office
Closing
Jan 7, 2021
AI
401 Hackensack Ave # 411, Hackensack is a commercial lease property with a total square footage of 23,000. The landlord for this property is Lionstone Capital.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 401 Hackensack Ave # 411, Hackensack
- Square Feet: 23,000
- Landlord's Representative: Donald Sperling, Erin Wenzler - CBRE
The transaction was facilitated by the representatives from CBRE, who played a vital role in the leasing process for Lionstone Capital.
Players
NAI GlobalBrokerage
LC
Lionstone CapitalLandlord
Market Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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