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Port Newark Truck Repair 14-28 Mitchell Pl 14,000 SF 100% Leased Industrial Building Newark, NJ 07114 $4,924,224 CAD ($351.73 CAD/SF)
Executive Summary
NNN industrial investment with $247K NOI and 3% annual increases. Lease through 8/31/2029. New roof (2021) with 20-year warranty. Prime Newark location with long-term upside.
Property Facts
| Price | $4,924,224 CAD | No. Stories | 2 |
| Price Per SF | $351.73 CAD | Year Built | 1950 |
| Sale Type | Investment NNN | Parking Ratio | 7.4/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 17’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.69 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 14,000 SF | ||
| Zoning | HI | ||
| Price | $4,924,224 CAD |
| Price Per SF | $351.73 CAD |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 14,000 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 7.4/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | HI |
Amenities
- Fenced Lot
- Storage Space
- Air Conditioning
Utilities
- Heating - Gas
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-03755-0000-00008 | Improvements Assessment | $1,216,694 CAD |
| Land Assessment | $629,890 CAD | Total Assessment | $1,846,584 CAD |
Property Taxes
Parcel Number
14-03755-0000-00008
Land Assessment
$629,890 CAD
Improvements Assessment
$1,216,694 CAD
Total Assessment
$1,846,584 CAD
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Port Newark Truck Repair | 14-28 Mitchell Pl
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