80 Merriam Ave - Warehouse FOR SALE


Newton, NJ 07860
$1,550,000 USD
973-580-9123
80 Merriam Ave, Newton, NJ for Sale
$1,550,000 USD
Warehouse - FOR SALE
1/22
null | 8.06% Cap Rate

NEW


80 Merriam Ave
Newton, NJ 07860


HIGHLIGHTS

  • Single Tenant NNN Lease

OVERVIEW

Fantastic Industrial/Warehouse Building with 9 Drive In Doors (1 in rear), and office. Tenant can sign new absolute NNN lease at $125,000 per year, or vacate upon closing.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

8.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

9

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,056

ZONING

R-2

APN/PARCEL ID

15 00017- 01-00050

ASK ABOUT THIS PROPERTY

Brian FaircloughFairclough RealtorsMore Info
973-580-9123

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Brian FaircloughFairclough RealtorsMore Info
973-580-9123

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