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
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.
Players
Maple Shade 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
37.32%
Cash-on-Cash
-10.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93