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29544906
29544907

248 Brighton Rd, Andover, NJ 07821

JS
NJ NJ 1969050
Cushman & Wakefield - Morristown, New Jersey
DB
NJ 2189189
Cushman & Wakefield - Morristown, New Jersey
AB
NJ2185253
Cushman & Wakefield - Morristown, New Jersey
Cushman & Wakefield - Morristown, New Jersey
Listed by Cushman & Wakefield - Morristown, New Jersey
Unpriced
118 days on market
Updated 48 days ago

248 Brighton Road

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 43,799
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 7.2
Lease Expiration 12/31/2030
Remaining Term 4.6
Rent Bumps Yes
Year Built 1985
Acreage 11.840
Zoning AI-10
Parking Spaces 35 spaces
Parking Per SqFt 0.80
Investment Type Net Lease
Lease Commencement 11/01/2023
Ceiling Height 26
Loading Docks 3
Dock High Doors 2

43,799 SF Net Leased Sussex County Industrial Asset

Marketing description

As exclusive agent, Cushman & Wakefield is pleased to offer a 100%

fee interest in 248 Brighton Road, Andover, New Jersey 07821 for

sale. The asset consists of a 43,799 SF Industrial building on 11.84

acres that is 100% NNN leased to Sutherland Packaging through

December 2030. Additionally, Viridity Energy Solutions leases land

at the rear of the property for a Battery Energy Storage Facility

further bolstering the property cash flow.

248 Brighton Road benefits from its highly accessible location just

7 miles from Exit 25 on Interstate 80 allowing for Freeway access

throughout Northern New Jersey and beyond. Local demographics

are also strong in the direct vicinity of the property with and

average household income of $153,828 and over 54% of residents

holding at least a bachelors degree within 3 miles.

Sutherland Packaging is paying a $485,573 net rent and Viridity

Energy is paying $48,000 in 2026, accruing to an NOI of $533,573.

Investment highlights

FINANCEABLE NET-LEASE INCOME

• Initial lease term through December

2030 with current rent at $11.09 PSF.

• Limited landlord responsibilities

under the net-lease structure,

resulting in highly predictable NOI

and reduced operating risk.

• Superior building qualities limit risk

associated with potential leasability

STRATEGIC NORTHERN NEW JERSEY LOCATION

• Located within Northern New

Jersey’s established industrial

corridor, providing efficient access to

the New York Metro area and Eastern

Pennsylvania markets.

• Approximately seven miles from

Interstate 80, one of the region’s

primary east–west freight and

commuter arteries.

• Supported by a network of regional

routes (206, 15, and 94), enabling

seamless connectivity across Sussex,

Morris, and Warren Counties.

MISSION CRITICAL INDUSTRIAL LOCATION

• Headquarters and primary production

facility for Sutherland Packaging, anchoring

the company’s design, manufacturing, and

distribution operations in a single location.

• Significant tenant investment in specialized

buildouts, equipment, and infrastructure

creates meaningful switching costs and

operational dependence on the site.

• The property functions as a core operating

hub rather than a satellite location,

reinforcing long-term tenancy and business

continuity.

Listing Contacts

JS
NJ NJ 1969050
Cushman & Wakefield - Morristown, New Jersey
DB
NJ 2189189
Cushman & Wakefield - Morristown, New Jersey
AB
NJ2185253
Cushman & Wakefield - Morristown, New Jersey
Cushman & Wakefield - Morristown, New Jersey
Listed by Cushman & Wakefield - Morristown, New Jersey

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Additional Information

Name
Jordan Sobel
License
NJ 1969050
Brokerage Phone
9084204665
Name
Dan Bottiglieri
License
2189189
Brokerage
Cushman & Wakefield
Brokerage Phone
7324391919
Title
Senior Associate - Investment Sales
Brokerage Address
1150 Headquarters Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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