Ancient Crunch Leases 6,000 SF Retail Space In Lebanon With Brokers Marta Villa & Samuel Bernhaut
600 Corporate Drive Lebanon, New Jersey 08833, USA
Building Size
6,000 SF
Asset Type
Retail
Closing
Jul 28, 2023
AI
Healthy snacks maker Ancient Crunch has signed a lease for 6,000 square feet of retail space at 600 Corporate Drive in Lebanon. The property, located in a Class A office building, offers convenient highway access to New York City and Pennsylvania. The lease transaction was facilitated by CBRE brokers Marta Villa and Samuel Bernhaut.
Summary of transaction details:
- Property Type: Retail
- Square Footage: 6,000 SF
- Address: 600 Corporate Drive, Lebanon
- Market: Lebanon
- Tenant: Ancient Crunch
- Brokers: Marta Villa & Samuel Bernhaut - CBRE
Ancient Crunch's lease of 6,000 square feet at 600 Corporate Drive in Lebanon provides them with a strategic location with easy access to major transportation routes. The deal was successfully negotiated by CBRE brokers Marta Villa and Samuel Bernhaut.
Lebanon 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