Updated Oct 20, 2026
Sale · Package Deal
$36,189,770
$1,459/SF
Building Size
24,792 SF
Asset Type
Package Deal
Closing
Oct 1, 2026
About this deal
AI
A package deal consisting of a portfolio was sold for $36,189,770. The total square footage of the assets involved in the sale is 97,924, resulting in a price per square foot of $369. The markets included in this transaction are Rockaway, NJ, Flemington, NJ, Delran, NJ, Lake Katrine, NY, and Harrisburg, PA.
Summary of transaction details:
- Property Type: Package Deal / Portfolio
- Transaction Amount: $36,189,770
- Square Footage: 97,924
- Price per Square Foot: $369
- Seller: Columbia Net Lease Ventures
- Market: Rockaway, NJ, Flemington, NJ, Delran, NJ, Lake Katrine, NY & Harrisburg, PA
- Brokers: Christopher Todd, Jordan Avanzato & William Ericksen - NAI James E. Hanson
The deal involved key representatives from NAI James E. Hanson, specifically Christopher Todd, Jordan Avanzato, and William Ericksen, who facilitated the transaction on behalf of the seller, Columbia Net Lease Ventures.
Players
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93