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32 Witherspoon Street

Liberty Harbor Leases Retail Space To O'Bagel At 32 Witherspoon Street In Princeton New Jersey
LEASEDRetail

Liberty Harbor Leases Retail Space To O'Bagel At 32 Witherspoon Street In Princeton New Jersey

32 Witherspoon Street

$95

$95/SF

Building Size

2,020 SF

Asset Type

Retail

Closing

Sep 30, 2025

AI

The retail asset located at 32 Witherspoon Street in Princeton, NJ, has a total square footage of 2,020 and is under a Modified Gross Lease for a duration of 10 years. The asking rent for the property is set at $95 per square foot. The landlord for this transaction is Liberty Harbor, and the tenant is O'Bagel.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $95/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Address: 32 Witherspoon Street
  • Market: Princeton, NJ
  • Landlord: Liberty Harbor
  • Tenant: O'Bagel
  • Brokers: Ben Biberaj, Brandon Efap & Joseph Sobolov - IPRG Retail Leasing

The transaction involved the leasing of the property, with the representation from Ben Biberaj, Brandon Efap, and Joseph Sobolov, who are affiliated with IPRG Retail Leasing. Their role was instrumental in facilitating the agreement between Liberty Harbor and O'Bagel.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

194 deals

Broker
Investment Property Realty Group (IPRG)
Investment Property Realty Group (IPRG)Brokerage

Princeton 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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93