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212 Passaic Avenue 21,954 SF 4-Star Industrial Building Fairfield, NJ 07004 For Sale
Investment Highlights
- New construction Class A industrial
- Highly sought after location
- 10 Year in place Triple Net Lease with Credit Tenant
- Supply constrained market for this asset type
Executive Summary
Garden State Realty is pleased to exclusively present this fully leased, single-tenant Class A industrial asset in the heart of the Northern New Jersey industrial market.
This newly constructed facility is strategically positioned approximately 20 miles from New York City and the Port of Newark, with convenient access to several of the region’s major transportation arteries, including Routes 46, 80, 280, and 287.
The property is fully occupied by a single Tenant under a ten-year triple-net lease extending through 2036, providing long-term contractual income with limited landlord
responsibilities.
This newly constructed facility is strategically positioned approximately 20 miles from New York City and the Port of Newark, with convenient access to several of the region’s major transportation arteries, including Routes 46, 80, 280, and 287.
The property is fully occupied by a single Tenant under a ten-year triple-net lease extending through 2036, providing long-term contractual income with limited landlord
responsibilities.
Property Facts
Amenities
- Signage
- Shallow Bay
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-02201-0000-00015 | Improvements Assessment | $4,343,600 |
| Land Assessment | $1,600,000 | Total Assessment | $5,943,600 |
Property Taxes
Parcel Number
07-02201-0000-00015
Land Assessment
$1,600,000
Improvements Assessment
$4,343,600
Total Assessment
$5,943,600
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212 Passaic Avenue