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290 Elizabeth Ave

48,000 SF 78% Leased Industrial Building Newark, NJ 07112 $14,749,140 CAD ($307 CAD/SF) 7.50% Cap Rate

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Executive Summary

Fully Leased Co-Working Warehouse available for sale. Multiple small tenants, with flexible lease terms.

290 Elizabeth Ave Brochure

Property Facts

Price	$14,749,140 CAD	Lot Size	1.25 AC
Price Per SF	$307 CAD	Rentable Building Area	48,000 SF
Sale Type	Investment	No. Stories	1
Cap Rate	7.50%	Year Built/Renovated	1946/2023
Sale Conditions	Bulk/Portfolio Sale	Parking Ratio	0.42/1,000 SF
Property Type	Industrial	No. Dock-High Doors/Loading	4
Property Subtype	Warehouse	No. Drive In / Grade-Level Doors	5
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$14,749,140 CAD
Price Per SF	$307 CAD
Sale Type	Investment
Cap Rate	7.50%
Sale Conditions	Bulk/Portfolio Sale
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	1.25 AC
Rentable Building Area	48,000 SF
No. Stories	1
Year Built/Renovated	1946/2023
Parking Ratio	0.42/1,000 SF
No. Dock-High Doors/Loading	4
No. Drive In / Grade-Level Doors	5
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.