Samarthay LLC Acquires Retail Property In Robbinsville Twp, NJ For $10.5M
SOLD
$10,469,000
New Jersey
See Similar DealsRetail56,725 SF
Sold 10/07/2022
SOLD
Samarthay LLC Acquires Retail Property In Robbinsville Twp, NJ For $10.5M
1140 Us Highway 130, Robbinsville, NJ 08691
See Similar DealsRetail56,725 SF
Sold 10/07/2022
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$184
Total Square Footage:56,725 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$558,346.68
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,194.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,628.40
Annual Debt Service$595,540.81
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