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24 Ames Blvd 69,992 SF Industrial Building Hamburg, NJ 07419 $10,634,616 CAD ($151.94 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Industrial lease rates in Northern New Jersey are high and increasing, with some of the highest rates in the country
- 69,992 square foot single tenant net leased manufacturing and warehouse facility located on approximately 15.9 acres
- The asset is backed by a long term Absolute NNN Lease (10+ yrs.) with a corporate guarantee from Accurate Forming
- 50 miles from New York City and 53 miles from Newark International Airport. Located on Route 94 access to Route 23 and I-287
EXECUTIVE SUMMARY
69,992 square-foot single tenant net leased manufacturing and warehouse facility located in Hamburg, NJ. The property is 100% leased to Accurate Forming who has been a Tenant at this location for more than 50 years. The property has 10+ yrs. remaining with a corporate guarantee from Accurate Forming who continue to thrive with continued growth. The building and its operation are mission critical for Accurate Forming featuring manufacturing, warehouse, and office space.
PROPERTY FACTS
AMENITIES
- Yard
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 09-00001-0000-00035 | Improvements Assessment | $2,023,775 CAD |
| Land Assessment | $703,358 CAD | Total Assessment | $2,727,133 CAD |
PROPERTY TAXES
Parcel Number
09-00001-0000-00035
Land Assessment
$703,358 CAD
Improvements Assessment
$2,023,775 CAD
Total Assessment
$2,727,133 CAD
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USREIM LLC
24 Ames Blvd
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