SportsMed Physical Therapy Leases 2,600 SF Retail Space In Linden, NJ
10 North Wood Avenue
Building Size
2,600 SF
Asset Type
Retail
Closing
Oct 18, 2023
AI
SportsMed Physical Therapy has leased 2,600 square feet of retail space at 10 North Wood Avenue in Linden, New Jersey. The property, arranged by Lee & Associates New Jersey, is now fully occupied.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 2,600
- Address: 10 North Wood Avenue, Linden, New Jersey
- Market: Linden
The deal was facilitated by Erica Davidson and Kyle Janoczkin of Lee & Associates, who represented the landlord. The tenant, SportsMed Physical Therapy, was represented by Edwin Flores, George Marogi, and Tony Nabhan from Keller Williams.
Players
Linden Retail Market Snapshot
Boundary boundary · Retail · 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