Updated Sep 23, 2026
Kinder John Leases Warehouse At 501 Washington Avenue In Carlstadt To Cha Kich For $16/ft
501 Washington Avenue
$16
$16/SF
Building Size
8,000 SF
Asset Type
Warehouse
Closing
Sep 1, 2026
About this deal
AI
This warehouse property is located at 501 Washington Avenue in the Carlstadt market. The total square footage of the property is 8,000 SF, available for lease at an asking rent of $16 per square foot. The lease term is set for 3 years under a NNN Lease agreement.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $128,000
- Address: 501 Washington Avenue
- Market: Carlstadt
- Landlord: Kinder John
- Tenant: Cha Kich
- Brokers: Steven N. Muller & Bruce Elia - Keller Williams Realty
Steven N. Muller and Bruce Elia represent the lease transaction for this property, facilitating the agreement between the landlord, Kinder John, and the tenant, Cha Kich. Their brokerage, Keller Williams Realty, played a key role in this leasing arrangement.
On the Map
$16
$16/SF
Warehouse
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Players
Carlstadt Warehouse Market Snapshot
Boundary boundary · Warehouse · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
991437.50%
Cash-on-Cash
-283355.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93