Updated Oct 29, 2024
LEASEDRetail
561 Nj-18
561 Nj-18, East Brunswick, NJ, 08816
Building Size
1,800 SF
Asset Type
Retail
Closing
Nov 20, 2023
About this deal
AI
The lease is located at 561 Nj-18, East Brunswick, NJ, 08816, encompassing 1,800 square feet within the East Brunswick market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 561 Nj-18, East Brunswick, NJ, 08816
- Square Feet: 1,800
- Tenant: Playa Bowls
- Landlord: Summerhill Square LLC
- Tenant's Representative: Marc Palestina - The Goldstein Group
- Landlord's Representative: Jerry Welkis - Welco Realty
Marc Palestina represented Playa Bowls as the tenant's broker, while Jerry Welkis represented Summerhill Square LLC as the landlord's broker in this transaction.
On the Map
Retail
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Players
East Brunswick 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