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33509710
33509709

14-28 Mitchell Pl, Newark, NJ 07114

MF
NY NY 10991241805
Nexus Realty Advisors
Listed by Nexus Realty Advisors
$3,600,000
14 days on market
Updated 12 days ago
Opportunity zone

14-28 Mitchell Pl

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 14,000
NOI $247,200
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 08/30/2029
Rent Bumps Yes
Year Renovated 2021
Acreage 0.690
Investment Type Net Lease
Ceiling Height 16' clear
Loading Docks 1

Industrial | 14,000 SqFt

Investment highlights

  • Excellent access to major highways, Port Newark & Newark Liberty International Airport
  • $247,200 ΝΟΙ
  • Absolute NNN lease
  • 3% annual rent increases
  • Lease term through 08/31/2029
  • Long-term redevelopment potential
  • Asking $3,600,000
  • Total RBA: 14,000 SF
  • Lot Size: 0.69 Acres (paved lot)
  • Ceiling height: 16' clear
  • Drive in Doors: 4 oversized drive-in doors
  • Loading docks: 1
  • New Roof: (2021) with 20-Year Warranty
  • Yard: Fully paved outdoor storage
  • Tenant Use: Auto Terminal / Industrial

Listing Contacts

MF
NY NY 10991241805
Nexus Realty Advisors
Listed by Nexus Realty Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$247,200.00
$20,600.00/mo

Valuation Metrics

0
DSCR
6.87%
Cap Rate
6.87%
ROI

Map

Zoning

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MX-1 MixedMixed UseMixed Use One
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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