Samarthay LLC Acquires Retail Property In Robbinsville Twp, NJ For $10.5M
1140 Us Highway 130, Robbinsville, NJ 08691
$10,469,000
$184/SF
Building Size
56,725 SF
Asset Type
Retail
Closing
Oct 6, 2022
AI
The retail property located at 1140 US-130 in Robbinsville Twp, NJ has been sold for a price of $10,469,000. The property, with a total area of 56,725 square feet, was purchased by Samarthay LLC from WOW Plaza X LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,469,000
- Address: 1140 US-130, Robbinsville Twp, NJ
- Market: Robbinsville Twp, NJ
The transaction was facilitated by brokers Mario Brunelli from RJ Brunelli & Co and Peter Sudal representing the Robert Dekanski Team from Remax 1st Advantage.
Players
Jackson 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
1.52%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93