730-740 Jefferson, Kenilworth, NJ
Industrial for Sale - $1,300,000 - 6,900 Sq. Ft. on 0.29 acres
Property Info
| CIMLS# | 997379 |
| Location 730-740 Jefferson Kenilworth NJ 07033 | |
| Updated | March 26th, 2018 |
| Type | Industrial |
| Price | $1,300,000 |
| Building | 6,900 Sq. Ft. |
| Land | 0.29 acres |
Property Description
Great investment opportunity for a fully rented commercial property with 3 units that are independently rented to 3 companies on a multi-year leases. Building has been maintained thoroughly over the years with the replacement of all windows, roofing, and maintenance to all heating/AC systems. Installation of a fully windowed, common lobby area.
- 128' x 100' lot size
- 10 Parking spots in a gated lot
- 1 Loading Dock
- 2 roll-up garage doors
Financials
3 unit each individual rented with mulit-year leases with annual escalation built in.
Unit A: Office Space Only, approximately 1200 sq. feet
$1200 / month
Unit B: Office Space & Light Manufacturing 2000 sq. feet with roll-up door storage warehouse area
$1200 / month
Unit C: Office Space with Warehouse 3500 sq. feet with roll-up door access, and full loading dock
$2800 / month
Total Gross Rental income 2017: $62,400
Taxes: $16,415 per year
