700 Pennsylvania Ave - Warehouse FOR SALE


Lyndhurst, NJ 07071
$5,495,000 USD
973-809-9426
700 Pennsylvania Ave, Lyndhurst, NJ for Sale
$5,495,000 USD
Warehouse - FOR SALE
1/9
null | 4.14% Cap Rate

NEW


700 Pennsylvania Ave
Lyndhurst, NJ 07071


HIGHLIGHTS

  • Located in Lyndhurst’s industrial corridor with convenient access to major highways, including the New Jersey Turnpike and Route 3.
  • Positioned within close proximity to the Meadowlands Sports Complex and Newark Liberty International Airport, supporting logistics/distribution ops.
  • Features a single-story industrial building constructed in 1956, providing a functional layout for various operational needs.
  • Situated in Bergen County, a well-established business hub with strong transportation infrastructure and access to a skilled labor force.

OVERVIEW

The building on this site is currently occupied by 3 demised commercial tenants. All leases terminate on 9/30/26. Total annualized rent is currently $227,556 with a cap rate of 4.14%. While the cap rate is low, this is an extremely rare property in Lyndhurst, NJ and probably best used by an end user or a developer to convert to residential housing. Such a change in zoning would be welcome by the community and should be easily achieved. Interested parties should contact Richard Leal, at 973-809-9426, the Skylemar Inc. representative for access to the building. Realtors are welcome and protected pending an agreed to and valid purchase price.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

4.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.21

LAND SF

52,708

ZONING

S-1

APN/PARCEL ID

32-00103-0000-00001

ASK ABOUT THIS PROPERTY

Richard LealAstor RealtyMore Info
973-809-9426

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

Richard LealAstor RealtyMore Info
973-809-9426

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