8 Progress St 67,000 SF Industrial Building Edison, NJ 08820 $23,530,210 CAD ($351.20 CAD/SF)
EXECUTIVE SUMMARY
This is a fully leased investment property that has a 10 year lease in place which started May of 21'. As well, the owner is fully approved to build another 29,000 SF of extra building. There is 1 tenant in the entire building. The current building is NOT available to a user at the moment.
PROPERTY FACTS
| Price | $23,530,210 CAD |
| Price Per SF | $351.20 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.06 AC |
| Rentable Building Area | 67,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | RI |
UTILITIES
- Water - City
- Sewer - City
1 of 1
PROPERTY TAXES
| Parcel Number | 05-00412-02-00012-01 | Improvements Assessment | $1,277,230 CAD |
| Land Assessment | $934,755 CAD | Total Assessment | $2,211,985 CAD |
