Updated Oct 29, 2024
Artificial Grass Turf Warehouse Signs Lease For Retail Space In Secaucus, NJ
600 Meadowlands Parkway
$25
$25/SF
Building Size
4,858 SF
Asset Type
Retail
Closing
Jun 29, 2023
About this deal
AI
The retail property located at 600 Meadowlands Parkway in Secaucus, NJ has been leased. The property is owned by Bre Alpha Industrial NJ Property Owner, represented by Ben Friedland. The tenant is Artificial Grass Turf Warehouse.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $25/ft
- Square Footage: 4,858
- Date: 06/29/2023
- Market: Secaucus, NJ
The landlord's representative in this deal is Harold Imperatore from JLL, while the tenant is represented by Stephen Ligambi from Meridian Capital Group.
The retail lease at 600 Meadowlands Parkway in New Jersey leased for $25 in 2023. The building is 4,858 square feet, implying about 25 per square foot on the published price. Stephen Ligambi, Harold Imperatore, JLL, Meridian Capital Group appear on the lease alongside JLL, Meridian Capital Group. This page is the New Jersey file for the 600 Meadowlands Parkway retail leased: pricing, party profiles, and other closed retail comps from the same New Jersey sit in the Market section below. Filter that local retail set by closing date to see what else leased near 600 Meadowlands Parkway around 2023. Published consideration for 600 Meadowlands Parkway is $25, dated 2023. Cite this Artificial Grass Turf Warehouse Signs Lease For Retail Space In Secaucus, NJ lease when underwriting similar retail product around New Jersey.
Players
Market 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
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93