Daily limit: 0/10
Marcus & Millichap Brokers $11M Sale Of QuickChek Property In Woodbridge Township
SOLD
$11,000,000
New Jersey
See Similar DealsRetail4,543 SF
Sold 05/09/2023
SOLD
Marcus & Millichap Brokers $11M Sale Of QuickChek Property In Woodbridge Township
989 US-1, Woodbridge Township, NJ 07001
See Similar DealsRetail4,543 SF
Sold 05/09/2023
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$2,421
Total Square Footage:4,543 SF
Transaction Type:Sale
Marcus & Millichap has brokered the sale of a QuickChek property in Woodbridge Township for $11 million. The 4,543-square-foot, net-leased property is located at 989 US 1 Highway in a robust retail corridor with numerous national tenants.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,000,000
- Address: 989 US 1 Highway
- Market: Woodbridge Township
- Square Footage: 4,543
- Price per Square Foot: $2,421
The sale was facilitated by John Horowitz, Justin Natalizio, and Eric Anton from Marcus & Millichap. They represented the buyer and seller in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
Is there something missing? Send suggestions