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40-54 Grafton Ave 41,000 SF 100% Leased Industrial Building Newark, NJ 07104 $8,995,000 ($219.39/SF)
INVESTMENT HIGHLIGHTS
- 30,000 SF Fenced in Lot. New LED Lighting. New Gas Heaters.
- Excellent Location...Rt 21, Rt 3, and 15 Minutes to NJ Turnpike.
EXECUTIVE SUMMARY
Delivered Vacant
PROPERTY FACTS
| Price | $8,995,000 | No. Stories | 1 |
| Price Per SF | $219.39 | Year Built | 1917 |
| Sale Type | Investment or Owner User | Parking Ratio | 1.9/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.59 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 41,000 SF | ||
| Zoning | 4B | ||
| Price | $8,995,000 |
| Price Per SF | $219.39 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.59 AC |
| Rentable Building Area | 41,000 SF |
| No. Stories | 1 |
| Year Built | 1917 |
| Parking Ratio | 1.9/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | 4B |
AMENITIES
- Fenced Lot
UTILITIES
- Water - City
- Sewer - City
- Heating - Oil (Fired)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- -
Advanced Recovery Inc. has been built on the assumption that the management of electronic recycling for business is like legal advice, accounting, graphic arts and other bodies of knowledge, in that it is not inherently a do it yourself prospect. Smart business people who are aware of pressing environmental issues facing them and the ominous legal ramifications for violating EPA Law, need to find qualified licensed vendors who will reliably recycle their electronics, ferrous and non-ferrous metals. They need to use these vendors as they use their other professional service suppliers, as trusted allies. We serve our customers as a trusted ally, providing them with the loyalty of a business partner and the economics of an outside vendor. We make certain our customers are provided professional service along with an approved manifest of destruction, transferring ownership of their electronics to Advanced Recovery Inc.
- H & Grafton LLC
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Manufacturing | - | - | - | ||
| H & Grafton LLC | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 14-00729-0000-00055 | Improvements Assessment | $476,300 |
| Land Assessment | $794,500 | Total Assessment | $1,270,800 |
PROPERTY TAXES
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40-54 Grafton Ave
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