Horvath & Tremblay Brokers Rob DiFranco & Mike Lombardi Facilitate $2.3M Sale Of Retail Property In Woodbury, NJ
SOLD
$2,300,000
New Jersey
See Similar DealsRetail11,900 SF
Sold 11/21/2022
SOLD
Horvath & Tremblay Brokers Rob DiFranco & Mike Lombardi Facilitate $2.3M Sale Of Retail Property In Woodbury, NJ
1730 Clements Bridge Road
See Similar DealsRetail11,900 SF
Sold 11/21/2022
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$193
Total Square Footage:11,900 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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