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461-469 West St, Fort Lee, ...

Updated Oct 29, 2024

AW Holdings Leases Retail Space At 461-469 West St In Fort Lee, NJ
LEASEDRetail

AW Holdings Leases Retail Space At 461-469 West St In Fort Lee, NJ

461-469 West St, Fort Lee, NJ 07024, USA

Building Size

13,385 SF

Asset Type

Retail

Closing

Jan 7, 2021

About this deal

AI

The property involved in this transaction is a retail asset located at 461-469 West St in Fort Lee, NJ. The lease was signed on 01/08/2021.

Summary of transation details:

  • Property Type: Retail
  • Address: 461-469 West St, Fort Lee, NJ
  • Tenant: AW Holdings
  • Landlord: Dae Hung America Corp
  • Tenant's Rep: Colby Piper & Michael Rawlins
  • Asking Rent: $60/ft.
  • Square Footage: 13,385 sq ft

The tenant, AW Holdings, was represented by Colby Piper and Michael Rawlins in this deal.

Traded’s record for 461-469 West St, Fort Lee, NJ 07024, USA in Fort Lee, New Jersey covers a retail lease from 2021. Published size for 461-469 West St, Fort Lee, NJ 07024, USA is 13,385 square feet. Michael Rawlins, Colby Piper, Ripco appear on the lease alongside Ripco. This page is the Fort Lee, New Jersey file for the 461-469 West St, Fort Lee, NJ 07024, USA retail leased: pricing, party profiles, and other closed retail comps from the same Fort Lee sit in the Market section below. Filter that Fort Lee retail set by closing date to see what else leased near 461-469 West St, Fort Lee, NJ 07024, USA around 2021. Cite this AW Holdings Leases Retail Space At 461-469 West St In Fort Lee, NJ lease when underwriting similar retail product around Fort Lee, New Jersey.

Players

Colby Piper

Ripco

Broker

$2.9M

vol

4 deals

Broker

Fort Lee 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

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