24 Ames Blvd - Warehouse FOR SALE


Hamburg, NJ 07419
$7,692,308 USD
616-443-6506
24 Ames Blvd, Hamburg, NJ for Sale
$7,692,308 USD
Warehouse - FOR SALE
1/6
null | 6.5% Cap Rate

24 Ames Blvd
Hamburg, NJ 07419


HIGHLIGHTS

  • Industrial lease rates in Northern New Jersey are high and increasing, with some of the highest rates in the country
  • The asset is backed by a long term Absolute NNN Lease (10+ yrs.) with a corporate guarantee from Accurate Forming
  • 69,992 square foot single tenant net leased manufacturing and warehouse facility located on approximately 15.9 acres
  • 50 miles from New York City and 53 miles from Newark International Airport. Located on Route 94 access to Route 23 and I-287

OVERVIEW

69,992 square-foot single tenant net leased manufacturing and warehouse facility located in Hamburg, NJ. The property is 100% leased to Accurate Forming who has been a Tenant at this location for more than 50 years. The property has 10+ yrs. remaining with a corporate guarantee from Accurate Forming who continue to thrive with continued growth. The building and its operation are mission critical for Accurate Forming featuring manufacturing, warehouse, and office space.

FOR SALE DETAILS

PRICE

$7,692,308 USD

PRICE/SF

$110 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

5

PARKING SPACES

50

LAND DETAILS

LAND ACRES

15.95

LAND SF

694,782

ZONING

M-2

APN/PARCEL ID

09-00001-0000-00035

ASK ABOUT THIS PROPERTY

John MundellUSREIM LLCMore Info
616-443-6506

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John MundellUSREIM LLCMore Info
616-443-6506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.