Updated Oct 29, 2024
Target Park USA Leases Retail Space At 21-33 Edison Place In Newark, NJ
21 Edison Pl, Newark, NJ 07102, USA
$8
$8/SF
Building Size
60,000 SF
Asset Type
Retail
Closing
Apr 5, 2023
About this deal
AI
The retail property located at 21-33 Edison Place in Newark, NJ has been leased in a recent transaction. The property, with a total square footage of 60,000 square feet, was leased by Target Park for an undisclosed duration.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 21-33 Edison Place, Newark, NJ
- Market: Newark, NJ
Booth Street, represented by Brian Doyle & Greg Parassio, acted as the brokers in this lease deal.
The retail lease at 21 Edison Pl, Newark, NJ 07102, USA in New Jersey, New Jersey leased for $8 in 2023. The building is 60,000 square feet, implying about 8 per square foot on the published price. Greg Parassio, Brian Doyle, Booth Street appear on the lease alongside Booth Street. This page is the New Jersey, New Jersey file for the 21 Edison Pl, Newark, NJ 07102, USA retail leased: pricing, party profiles, and other closed retail comps from the same New Jersey sit in the Market section below. Filter that New Jersey retail set by closing date to see what else leased near 21 Edison Pl, Newark, NJ 07102, USA around 2023. Published consideration for 21 Edison Pl, Newark, NJ 07102, USA is $8, dated 2023. Cite this Target Park USA Leases Retail Space At 21-33 Edison Place In Newark, NJ lease when underwriting similar retail product around New Jersey, New Jersey.
Players
New Jersey Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Greg Parassio to view all their deals.
Browse New Jersey retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1982875.00%
Cash-on-Cash
-566711.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93