713 Pestleton Rd - Industrial FOR SALE


Waterford Works, NJ 08089
$8,000,000 USD
305-905-3215
713 Pestleton Rd, Waterford Works, NJ for Sale
$8,000,000 USD
Industrial - FOR SALE
1/3
null | 11% Cap Rate

713 Pestleton Rd
Waterford Works, NJ 08089


HIGHLIGHTS

  • BRAND-NEW CONSTRUCTION – The facility will be built to suit in 2025, with construction set to begin upon closing, ensuring a state-of-the-art
  • LONG-TERM STABILITY – Investors benefit from a newly executed 10-year lease, providing secure and predictable cash flow
  • HANDS-OFF INVESTMENT – Structured as an absolute NNN lease, this opportunity requires zero landlord responsibilities, making it a truly passive income
  • LARGE PARCEL – Positioned on a sprawling 35-acre site, the property allows for future expansion or development, enhancing long-term value
  • PROVEN INDUSTRY EXPERTISE – The tenant is led by an experienced team with a strong track record in the cannabis sector, including leadership roles

OVERVIEW

BRAND-NEW CONSTRUCTION – The facility will be built to suit in 2025, with construction set to begin upon closing, ensuring a state-of-the-art cultivation facility. LONG-TERM STABILITY – Investors benefit from a newly executed 10-year lease, providing secure and predictable cash flow. HANDS-OFF INVESTMENT – Structured as an absolute NNN lease, this opportunity requires zero landlord responsibilities, making it a truly passive income stream. MULTIPLE LEASE GUARANTEES – The lease is backed by Quail Pond Farms, LLC, a Tier 6 Class 1 licensed cultivator, along with a personal guarantee from the CEO, adding additional financial security. LARGE PARCEL – Positioned on a sprawling 35-acre site, the property allows for future expansion or development, enhancing long-term value. PROVEN INDUSTRY EXPERTISE – The tenant is led by an experienced team with a strong track record in the cannabis sector, including leadership roles at established multi-state operators.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

QUAIL POND FARMS CULTIVATION FACILITY

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

27.79

LAND SF

1,210,386

ZONING

I

APN/PARCEL ID

35-07201-0000-00003

ASK ABOUT THIS PROPERTY

Alexander MachadoMatthews Real Estate Investment ServicesMore Info
305-905-3215

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Alexander MachadoMatthews Real Estate Investment ServicesMore Info
305-905-3215

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