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1500 Olden Avenue

Duck Duck Tooth Pediatric Dentistry Leases 3900 SF Retail Space In Ewing Represented By Fred Younkin And Jon Porter
LEASEDRetail

Duck Duck Tooth Pediatric Dentistry Leases 3900 SF Retail Space In Ewing Represented By Fred Younkin And Jon Porter

1500 Olden Avenue

Building Size

3,900 SF

Asset Type

Retail

Closing

Nov 6, 2024

AI

The property asset involved in this transaction is a retail space situated at 1500 North Olden Avenue in Ewing. The leased space encompasses 3,900 square feet within the Capitol Plaza shopping center, which has a total size of 355,000 square feet. The center features multiple tenants, including Marshall’s, Save A Lot, Planet Fitness, Dollar Tree, and dd’s Discounts.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 1500 North Olden Avenue
  • Market: Ewing
  • Square Footage: 3,900 SF
  • Tenant: Duck Duck Tooth Pediatric Dentistry
  • Landlord's Representative: Fred Younkin - LEVIN Management
  • Tenant's Representative: Jon Porter - CARR

Duck Duck Tooth Pediatric Dentistry is the entity that leased the retail space, while Fred Younkin from LEVIN Managementrepresents the landlord in this transaction. Jon Porter from CARR acts as the representative for the tenant, facilitating the lease agreement.

Players

Fred Younkin

LEVIN Management

Broker

3 deals

Broker

Ewing Retail Market Snapshot

Boundary boundary · Retail · 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