Joe Bijou Acquires Retail Asset In Willingboro For $4 Million With Legacy Realty Group Advisors
400 John F Kennedy Way
$4,000,000
$67/SF
Building Size
58,900 SF
Asset Type
Retail
Closing
Jun 3, 2024
AI
The property asset involved in this transaction is a retail space located at 400 John F Kennedy Way in Willingboro. The sale price for the property was $4,000,000, with a total square footage of 58,900, amounting to a price per square foot of $68.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,000,000
- Address: 400 John F Kennedy Way
- Market: Willingboro
- Square Footage: 58,900
- Price per Square Foot: $68
- Buyer: Joe Bijou
- Seller: Mark F Victor
- Buyer's Representative: Jacob Baruch, Jonah Warshaw & Ari Warshaw - Legacy Realty Group Advisors, LLC
- Seller's Representative: Blaine Foreman - Metro Commercial
The transaction was facilitated by key representatives from both sides. The buyer, Joe Bijou, was represented by Jacob Baruch, Jonah Warshaw, and Ari Warshaw of Legacy Realty Group Advisors, LLC, while the seller, Mark F Victor, was represented by Blaine Foreman of Metro Commercial.
Players
Willingboro Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93