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Single Tenant Industrial - 228 Wanaque Avenue, Pompton Lakes, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,850,000

  • 25,790

  • 6.49%

  • NOI :

  • Acres :

  • $185,000

  • 1.56

  • Property Type :

  • Property Status :

  • Industrial

  • Under Agreement

Investment Highlights

  • The subject property is a single story 25,790 SF industrial property  situated on 1.56 acres 
  • Property is NNN leased to Solar Products on a 1-year lease with two 1-year renewal options at a fixed net rent of $185,000 per year
  • Existing tenant is paying a NNN rent of $7.17 PSF offering investors some upside upon lease maturity
  • Current Property Taxes are $66,396
  • Ceiling heights of ~ 13'
  • 3 Loading Docks
  • Conveniently located near I-287 and route 23

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