Updated Oct 28, 2024
JDA Group LLC Acquires Retail Property In Lacey Township For $5,960,000
106 North Main Street, Lacey Township, New Jersey 08731, United States
$5,960,000
$993/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Jan 26, 2022
About this deal
AI
An retail property located at 106 N. Main St. in Lacey Township was recently sold for $5,960,000. The property spans across 2 acres and offers a total square footage of 6,000. The sale took place on January 26, 2022. The price per square foot for this transaction was $993.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,960,000
- Address: 106 N. Main St.
- Market: Lacey Township
- Acres: 2
- Square Footage: 6,000
The buyer of the property was JDA Group LLC, represented by Gregory Dell'Aquila and Timothy Connel. The seller's representative in the transaction was Anthony D'Ambrosia from Marcus & Millichap.
On the Map
$5,960,000
$993/SF
Retail
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Players
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.66%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93