Bldg 2 40 Pier Ln W 15,808 SF 31% Leased Industrial Building Fairfield, NJ 07004 For Sale
EXECUTIVE SUMMARY
Garden State Realty is pleased to exclusively present 40 Pier Lane and 8 Kulick Road; a 100% leased ±60,428 Square Foot Industrial Portfolio comprised of 4 buildings on 2 parcels in Fairfield, New Jersey. The properties have historically low vacancy and are leased to six tenants ranging in size from ±1,200 SF to ±23,200 SF. The buildings are situated in Northern New Jersey along the Route 80 Corridor, vacancy rates in this product type continue to be at record lows. The subject properties are located with convenient access to major highways including Routes 46, 80, 280, 287, 202 and 3. The properties are being sold as an investment package; however, ownership would entertain selling 40 Pier Lane and 8 Kulick Road individually.
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 2.08 AC |
| Rentable Building Area | 15,808 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Clear Ceiling Height | 25’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Commercial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- F & E Service Inc
- Services
- -
- -
- -
- General Thermal Corp
- Manufacturing
- -
- -
- -
- Just Cheer Gym
- Educational Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| F & E Service Inc | Services | - | - | - | ||
| General Thermal Corp | Manufacturing | - | - | - | ||
| Just Cheer Gym | Educational Services | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Well located and recently renovated flex building in the heart of Fairfield, NJ. Conveniently located near Routes 46, 80, 280, 287, 202 and 3.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 10,835 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 10,835 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
PROPERTY TAXES
| Parcel Number | 07-02601-0000-00019 | Improvements Assessment | $3,467,542 CAD |
| Land Assessment | $706,136 CAD | Total Assessment | $4,173,678 CAD |
