Johnson Ave and Burlews Court Assemblage 7 Properties Offered at £4,794,663 in Hackensack, NJ



EXECUTIVE SUMMARY
NAI James E. Hanson is pleased to present, on an exclusive basis, for sale 18-20, 26-30 Johnson Avenue and 40 Burlews Court, Hackensack, NJ 07601 (the "Property"). The 1.77 acre assemblage consists of three (3) tax lots each with their own unique buildings. Totaling 37,800 square feet of rentable space, the Property consists of a vacant freestanding 2-story, 4,400 square foot office building, a single story, 10,800 square foot retail/showroom building that is partial leased and 40 Burlews Court, which is improved with four (4) buildings totaling 22,600 square feet featuring two (2) tailgates and four (4) drive-in doors total. The Johnson Avenue buildings are in the B-1 (business) zone and 40 Burlews Court is in the M-1 zone industrial/manufacturing).
The Property is partially leased to multiple tenants on short term leases, allowing an investor buyer to mark to market or an owner-user can backfill the space with their operating company.
The Property is partially leased to multiple tenants on short term leases, allowing an investor buyer to mark to market or an owner-user can backfill the space with their operating company.
PROPERTY FACTS
Price | £4,794,663 |
Price / SF | £128.20 / SF |
Sale Condition | Portfolio Sale |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 7 |
Individually For Sale | 0 |
Total Building Size | 37,400 SF |
Total Land Area | 5.68 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Building 2B
40 Burlews Ct, Hackensack, NJ 07601 |
Flex | 7,000 SF | 2000 | - |
26-30 Johnson Ave, Hackensack, NJ 07601 | Retail | 10,800 SF | 1986 | - |
Building 1
40 Burlews Ct, Hackensack, NJ 07601 |
Industrial | 5,000 SF | 2000 | - |
Building 4
40 Burlews Ct, Hackensack, NJ 07601 |
Office | 1,200 SF | 2000 | - |
Building 3
40 Burlews Ct, Hackensack, NJ 07601 |
Industrial | 5,400 SF | 2000 | - |
18-24 Johnson Ave, Hackensack, NJ 07601 | Office | 4,000 SF | 1900 | - |
Building 2A
40 Burlews Ct, Hackensack, NJ 07601 |
Flex | 4,000 SF | 1950 | - |
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