KHC Development Inc. Acquires Retail Property In East Brunswick, NJ For $4.9M
762 State Route 18, East Brunswick, NJ 08816
$4,925,000
$197/SF
Building Size
25,000 SF
Asset Type
Retail
Closing
Sep 16, 2021
AI
A retail property located at 762 Rt.18 in East Brunswick, NJ has been sold for a total of $4,925,000. The property spans a total of 25,000 square feet, resulting in a price per square foot of $197. The transaction took place on 09/16/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,925,000
- Address: 762 Rt.18, East Brunswick, NJ
- Market: East Brunswick, NJ
The buyer of the property is KHC Development Inc., while the seller is Wow Plaza III Inc. Representing the buyer in the deal is Mario Brunelli from RJBCO, and representing the seller is Ellen Quentzel from Jordan Barris.
Players
East Brunswick 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
3.22%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93