Log In/Sign Up
Your email has been sent.
3 Tenant Small Bay Flex Warehouse 110 Cushman Ave 32,500 SF 100% Leased Industrial Building West Berlin, NJ 08091 $4,825,084 CAD ($148.46 CAD/SF) 7.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive and secure investment opportunity: priced below replacement cost with a cap rate of 7.85%
- The building's largest tenant, Kepple's Carpet, occupies just over 60% of the building, has been operating out of this location for 20 years
- Strategic location: located near highway 73, the property benefits from high visibility and accessibility
- Building can be easily subdivided into additional units, offering longterm flexibility and value-add potential
- Recent upgrades: the property features a new roof installed in 2022; tenants are responsible for all operating expenses except for roof & structure
- Dynamic zoning: situated on a +/- 2-acre lot and zoned C-3 (highway commercial 3), this property supports a range of commercial activities
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 32,500 SF Multi-Tenant Industrial Flex Building located at 110 Cushman Avenue in West Berlin, NJ. This three-tenant property offers a strong and secure return on investment with very few landlord responsibilities - the net leases feature annual base rent increases of 3% to 4% and the landlord is only responsible for maintaining the roof (replaced in 2022) and structure.
In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471
In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Heritage Tile
- Manufacturing
- 7,900 SF
- -
- Triple Net
- Feb 2027
- Hospitality On Purpose Everyday (HOPE) Nonprofit
- Administrative and Support Services
- 4,900 SF
- -
- Triple Net
- Jun 2030
-
- Retailer
- 19,700 SF
- -
- Triple Net
- Aug 2029
At Kepple's Carpet We're at your service with a Better Bottom Line. Please visit our Berlin Superstore or the convenient Marlton Design Store. Or we'll visit you with our friendly, prompt and convenient Shop-At-Home service.Help is only a call or click away. Call Now or Click Chat for email questions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Heritage Tile | Manufacturing | 7,900 SF | - | Triple Net | Feb 2027 | |
| Hospitality On Purpose Everyday (HOPE) Nonprofit | Administrative and Support Services | 4,900 SF | - | Triple Net | Jun 2030 | |
|
|
Retailer | 19,700 SF | - | Triple Net | Aug 2029 |
1 1
PROPERTY TAXES
| Parcel Number | 06-01502-0000-00001-01 | Improvements Assessment | $1,153,812 CAD |
| Land Assessment | $236,205 CAD | Total Assessment | $1,390,016 CAD |
PROPERTY TAXES
Parcel Number
06-01502-0000-00001-01
Land Assessment
$236,205 CAD
Improvements Assessment
$1,153,812 CAD
Total Assessment
$1,390,016 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3 Tenant Small Bay Flex Warehouse | 110 Cushman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.