John (JP) Colussi & Jesse Dubrow Of MSC Retail Sell Mays Landing Retail Property For $4.1M
6056 Harding Highway, Mays Landing, New Jersey 08330, United States
$4,115,000
$240/SF
Building Size
17,105 SF
Asset Type
Retail
Closing
Mar 10, 2022
AI
The retail property located at 6056 Harding Hwy in Mays Landing, NJ has been sold for a price of $4,115,000. The transaction took place on March 11, 2022. The property spans across 17,105 square feet, resulting in a price per square foot of $241. The property was listed for sale by John (JP) Colussi and Jesse Dubrow from MSC Retail.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,115,000
- Square Footage: 17,105
- Price Per Square Foot: $241
- Address: 6056 Harding Hwy, Mays Landing, NJ
- Market: Mays Landing, NJ
John (JP) Colussi and Jesse Dubrow, representing MSC Retail, were the brokers involved in the deal.
Players
Mays Landing 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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93