Formia Marble & Stone - 10-Yr Sale Leaseback | 219 E 11th Ave
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Formia Marble & Stone - 10-Yr Sale Leaseback 219 E 11th Ave
15,000 SF 100% Leased Industrial Building Roselle, NJ 07203 £2,204,125 (£147/SF) 6.55% Net Initial Yield
Investment Highlights
- On-site Parking With Outside Storage Available
- Ceiling Heights: 15' And Three Drive-In Doors
- Property Has Quick and Easy Access to Route 1/9, Route 22, New Jersey Turnpike, and the Garden State Parkway
Property Facts Under Contract
| Price | £2,204,125 | Lot Size | 0.69 AC |
| Price Per SF | £147 | Rentable Building Area | 15,000 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 6.55% | Year Built | 1974 |
| Property Type | Industrial | Parking Ratio | 1.82/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 15 ft |
| Building Class | C | Level Access Doors | 2 |
| Price | £2,204,125 |
| Price Per SF | £147 |
| Sale Type | Investment |
| Net Initial Yield | 6.55% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 15,000 SF |
| Number of Floors | 1 |
| Year Built | 1974 |
| Parking Ratio | 1.82/1,000 SF |
| Clear Ceiling Height | 15 ft |
| Level Access Doors | 2 |
Utilities
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 14-02805-0000-00002-02 | Improvements Assessment | £287,899 |
| Land Assessment | £168,956 | Total Assessment | £456,855 |
PROPERTY TAXES
Parcel Number
14-02805-0000-00002-02
Land Assessment
£168,956
Improvements Assessment
£287,899
Total Assessment
£456,855
zoning
| Zoning Code | I (Industrial) |
| I (Industrial) |
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Formia Marble & Stone - 10-Yr Sale Leaseback | 219 E 11th Ave
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