Updated Oct 29, 2024
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
About this deal
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