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1730 Clements Bridge Road

Updated Sep 9, 2024

Horvath & Tremblay Brokers Rob DiFranco & Mike Lombardi Facilitate $2.3M Sale Of Retail Property In Woodbury, NJ
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Horvath & Tremblay Brokers Rob DiFranco & Mike Lombardi Facilitate $2.3M Sale Of Retail Property In Woodbury, NJ

1730 Clements Bridge Road

$2,300,000

$193/SF

Building Size

11,900 SF

Asset Type

Retail

Closing

Nov 21, 2022

About this deal

AI

The retail property located at 1730 Clements Bridge Rd in Woodbury, NJ has been sold for a price of $2,300,000. The property spans a total of 11,900 square feet, resulting in a price per square foot of $193.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,300,000
  • Address: 1730 Clements Bridge Rd, Woodbury, NJ
  • Market: Woodbury, NJ
  • Square Footage: 11,900 SF
  • Price per Square Foot: $193

The deal was facilitated by Rob DiFranco and Mike Lombardi from Horvath & Tremblay. They represented the parties involved in the transaction, but their roles were not specified in the given information.

On the Map

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$2,300,000

$193/SF

Retail

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Players

Michael Lombardi

Horvath & Tremblay

Broker

$114.8M

vol

29 deals

Broker

Woodbury Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $193 per square foot on a published $2.3M for 11,900 square feet (2022).

Visit Michael "Mike" Lombardi to view all their deals.

Browse Woodbury retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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