Updated Oct 29, 2024
Discount Bedroom Furniture Leases Retail Space At 405 US Highway 9 In Monmouth County
405 U.S. 9, Englishtown, Monmouth County, NJ, USA
Building Size
31,000 SF
Asset Type
Retail
Closing
Jan 7, 2021
About this deal
AI
The lease transaction for the retail property located at 405 US Highway 9 in Monmouth County has been completed. The property spans approximately 31,000 square feet and is owned by 405 US 9 LLC.
Summary of transation details
- Property Type: Retail
- Asking Rent: $20/ft.
The tenant for this lease is Discount Bedroom Furniture. The broker representing the deal is James Sebastian Chiarello.
Traded’s record for 405 U.S. 9, Englishtown, Monmouth County, NJ, USA in Englishtown, New Jersey covers a retail lease from 2021. Published size for 405 U.S. 9, Englishtown, Monmouth County, NJ, USA is 31,000 square feet. Named participants on the 405 U.S. 9, Englishtown, Monmouth County, NJ, USA lease are James Sebastian Chiarello. This page is the Englishtown, New Jersey file for the 405 U.S. 9, Englishtown, Monmouth County, NJ, USA retail leased: pricing, party profiles, and other closed retail comps from the same Englishtown sit in the Market section below. Filter that Englishtown retail set by closing date to see what else leased near 405 U.S. 9, Englishtown, Monmouth County, NJ, USA around 2021. Cite this Discount Bedroom Furniture Leases Retail Space At 405 US Highway 9 In Monmouth County lease when underwriting similar retail product around Englishtown, New Jersey.
Players
Englishtown 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