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1730 Clements Bridge Road

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

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

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.

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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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