Updated Oct 28, 2024
Overbrook Associates Sells Retail Property In Maple Shade, NJ For $425,000
470 Route 38, Maple Shade, NJ, USA
$425,000
$78/SF
Building Size
5,428 SF
Asset Type
Retail
Closing
Aug 27, 2021
About this deal
AI
Located at 470 Route 38 in Maple Shade, NJ, this retail property was recently sold for $425,000. Spanning 5,428 square feet, the property was sold at a price of $78 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $425,000
- Address: 470 Route 38, Maple Shade, NJ
- Market: Maple Shade, NJ
- Seller: Overbrook Associates - Jeffra Nandan
- Broker: Ken Richardson - Vantage Commercial
Jeffra Nandan, representing Overbrook Associates, acted as the seller in this transaction. Ken Richardson from Vantage Commercial served as the broker. The sale of this retail property presents a valuable opportunity in the Maple Shade market.
On the Map
$425,000
$78/SF
Retail
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Players
Maple Shade 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
37.32%
Cash-on-Cash
-10.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93