Tice’s Corner Marketplace
A retail property in Woodcliff Lake, New Jersey. Securitized in 1 CMBS deal in 2013.
$73.6MAppraised value (latest deal)
100.0%Occupancy
$4.6MUnderwritten NOI
6.3%Implied cap rate
- Address
- 441-449 Chestnut Ridge Road, Woodcliff Lake, NJ 07677
- Property type
- Retail · Unanchored
- Year built
- 2001
- Size
- 119,185 SF
- Loan purpose
- Refinance
- Largest tenant
- Gap
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMCC 2013-C10 | 2013-03-11 | $73.6M | 100.0% | $4.6M | 6.3% | $48.5M | 65.9% | 1.51x | 424B |
Historical NOI reported in JPMCC 2013-C10
| Period ending | NOI |
|---|---|
| 12/31/2011 | $3.9M |
| 12/31/2010 | $3.8M |
More CMBS properties in New Jersey →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.