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8 Progress St 67,000 SF 100% Leased Industrial Building Edison, NJ 08820 $23,585,801 CAD ($352.03 CAD/SF)
EXECUTIVE SUMMARY
This is a fully leased investment property that has a 10 year lease in place which started May of 21'. As well, the owner is fully approved to build another 29,000 SF of extra building. There is 1 tenant in the entire building. The current building is NOT available to a user at the moment.
PROPERTY FACTS
| Price | $23,585,801 CAD | Rentable Building Area | 67,000 SF |
| Price Per SF | $352.03 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1980 |
| Property Type | Industrial | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 4.06 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | RI | ||
| Price | $23,585,801 CAD |
| Price Per SF | $352.03 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.06 AC |
| Rentable Building Area | 67,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | RI |
UTILITIES
- Water - City
- Sewer - City
1 1
PROPERTY TAXES
| Parcel Number | 05-00412-02-00012-01 | Improvements Assessment | $1,220,130 CAD |
| Land Assessment | $892,966 CAD | Total Assessment | $2,113,097 CAD |
PROPERTY TAXES
Parcel Number
05-00412-02-00012-01
Land Assessment
$892,966 CAD
Improvements Assessment
$1,220,130 CAD
Total Assessment
$2,113,097 CAD
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8 Progress St
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