facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Retail

/

Lease

/

3010 Nj-36, Hazlet, NJ, 07730

Panera Bread Leases Retail Space In Hazlet To OASG Equities
LEASEDRetail

Panera Bread Leases Retail Space In Hazlet To OASG Equities

3010 Nj-36, Hazlet, NJ, 07730

Building Size

4,850 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The retail property at 3010 Nj-36, Hazlet, NJ, 07730, located in Hazlet, encompasses 4,850 square feet and is leased by Panera Bread. The landlord, OASG Equities, was represented by Lew Finkelstein of The Goldstein Group as the landlord's rep in the deal.

Summary of transaction details:

Among the recent transactions by The Goldstein Group, another lease includes Sherwin-Williams leasing 5,000 square feet in Maplewood, represented by Neil Goldstein. This deal was between Sherwin-Williams and 1802 Springfield LLC. The Goldstein Group also facilitated leases for Kessler Rehabilitation Center and Popeye’s in different locations through their experienced representatives.

Players

Lew Finkelstein

VanRockCRE

Broker

$125.9M

vol

31 deals

Broker
PB
Panera BreadTenant

Hazlet 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