INDUSTRIAL MIXED USE
Sale Lease-back Investment | Industrial Mixed Use | 11,237 SqFt
Marketing description
WAREHOUSE A: 2725 LAFAYETTE ST.
RBA: +-7,237 SF.
Year Built: 2009
18'-20' Ceiling Height
Construction: Metal
Power: 800a/208v 3p Heavy
Sprinklers: Yes
Opportunity Zone: Yes
Large Overhead Doors: (2)
Parking: 2.30/1000
Land Acres: 1.03 AC. (1.38 AC. Total)
Zoning: I-1
Sale Leaseback: 3 Yr. Term
Rate: $10,000/month
VACANT LOTS: (2) - 2767-2781 LAFAYETTE ST.
Zoning: I-1(Industrial)
Lot size: 7,500 SF. (per folio)
Total size: 15,000 SF.
Ideal for excess outdoor storage.
WAREHOUSE B: 2737 LAFAYETTE ST.
RBA: +- 4,000 SF.
Year Built: 1990
17'-20' Ceiling Height
Construction: Metal
Power: 800a/208v 3p Heavy
Sprinklers: Yes
Opportunity Zone: Yes
Large Overhead Doors (1)
Sale Leaseback: 4-5 Yr. Term
Monthly: $4,000/month
DUPLEXES: (2)
2273-2283 Cranford Ave. Built: 1956-1988
Unit mix: 2/1 + 1/1
Unit mix: 1/1 + 1/1
Total Income: $4,800/month Flood Zone: X
Ideal for an investor looking for a return with potential upside on the duplexes, as well as the excess 15,000 SF., industrial yard for storage.
Investment highlights
WAREHOUSE A: 2725 LAFAYETTE ST.
RBA: +-7,237 SF.
Year Built: 2009
18'-20' Ceiling Height
Construction: Metal
Power: 800a/208v 3p Heavy
Sprinklers: Yes
Opportunity Zone: Yes
Large Overhead Doors: (2)
Parking: 2.30/1000
Land Acres: 1.03 AC. (1.38 AC. Total)
Zoning: I-1
Sale Leaseback: 3 Yr. Term
Rate: $10,000/month
VACANT LOTS: (2) - 2767-2781 LAFAYETTE ST.
Zoning: I-1(Industrial)
Lot size: 7,500 SF. (per folio)
Total size: 15,000 SF.
Ideal for excess outdoor storage.
WAREHOUSE B: 2737 LAFAYETTE ST.
RBA: +- 4,000 SF.
Year Built: 1990
17'-20' Ceiling Height
Construction: Metal
Power: 800a/208v 3p Heavy
Sprinklers: Yes
Opportunity Zone: Yes
Large Overhead Doors (1)
Sale Leaseback: 4-5 Yr. Term
Monthly: $4,000/month
DUPLEXES: (2)
2273-2283 Cranford Ave. Built: 1956-1988
Unit mix: 2/1 + 1/1
Unit mix: 1/1 + 1/1
Total Income: $4,800/month Flood Zone: X
Gross Income:
$225,600/Yr., or $18,800/month
Property Taxes: $22,068.17/Yr. (2024)
Insurance: Self Insured
(Seller Finance Available)
5 Year term (balloon)
10-12% Interest Only
Ideal for an investor looking for a return with potential upside on the duplexes, as well as the excess 15,000 SF., industrial yard for storage.
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