LEASEDRetail
561 Nj-18
561 Nj-18, East Brunswick, NJ, 08816
Building Size
1,800 SF
Asset Type
Retail
Closing
Nov 20, 2023
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.
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