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
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