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EXECUTIVE SUMMARY
Team Resources is pleased to present this 24,262 +/- sq. ft. freestanding industrial/flex property for sale. Situated in Teterboro, New Jersey, along the industrial/logistics corridor in the heart of the Meadowlands, this building is just 1 mile from Teterboro Airport and 2.5 miles from the New Jersey Turnpike. Located directly off I-80 via Exit 65 and Route 46, makes the broader New York metropolitan area accessibility for both local flexibility and regional reach. This fully leased building features newer LED lighting and is broken up into 2 units. both units fully leased with 11,300 available as a sub-lease ASAP. Purchaser can take over the sub-lease to get in the door. The warehouse is partially temperature controlled.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1974/2022 |
| Property Subtype | Warehouse | Parking Ratio | 3.09/1,000 SF |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 1.34 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 24,262 SF | ||
| Zoning | Ind - Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.34 AC |
| Rentable Building Area | 24,262 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 3.09/1,000 SF |
| Clear Ceiling Height | 14’ |
| Opportunity Zone |
Yes |
| Zoning | Ind - Industrial |
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PROPERTY TAXES
| Parcel Number | 62-00303-0000-00009 | Improvements Assessment | $3,934,600 |
| Land Assessment | $935,300 | Total Assessment | $4,869,900 |
PROPERTY TAXES
Parcel Number
62-00303-0000-00009
Land Assessment
$935,300
Improvements Assessment
$3,934,600
Total Assessment
$4,869,900
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