Good investment warehouse on the opportunity zone
Industrial | 7.1% CAP | 23,400 SqFt
Marketing description
Good for the 1031 exchange property ( OPPORTUNITY ZONE applied). Rare to find the steady investment property in Bergen County. All occupied with lease expiry for more three years .( the shortest one will expire on Jan 31 2028 ) . Net Operating income : about $ 276,344( Cap rate : about 7.1 % ). Great location on Bergen Blvd in Fairview bordering Hudson County. Totally renovated inside some years ago (New gas heating system , new plumbing, Sprinkler system, new LED lighting, fresh painting on wall, ceiling, newly polished hardwood floor, new toilets in all bathrooms). 1 loading dock( 1st fl) + 3 O/H door( ground fl). ceiling height : 16 ft ( ground Fl ), 12 ft ( 1st Fl)
Investment highlights
Good for the 1031 exchange property ( OPPORTUNITY ZONE
All occupied with lease expiry for more three years
Net Operating income : about $ 276,344 ( Cap rate : about 7.1 %
Great location on Bergen Blvd in Fairview
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