745 Joyce Kilmer Avenue

745 Joyce Kilmer Avenue, New Brunswick, NJ 08901

 

NEW BROKER - LOWER PRICE - MESSAGE FOR DETAILS

 NOTE: ALMOST ALL 1 FLOOR.  ONLY 8% ON 2ND FLOOR, IN 2 AREAS

 

Offered for Sale - Fee Simple Delivered Vacant, or Sale Leaseback, as per buyer preference.

Fully Occupied - Multiple Tenants - Delivered Vacant

Almost Completely Owner Occupied, so flexibility re availability.

OR Delivered with minimum 7.2% Guaranteed Cap for 2 Years

     (Based on $12. PSF Lease Rate very reasonable 35 minutes from Port NJ)

 

Located in an Urban Enterprise Zone that provides Low Cost Financing, & other benefits.

 

Seller Financing Available to qualified borrowers:  50% LTV, Interest only @ 6% Interest, Initial Term 5 Years.

 

Only ~30 minutes from Port Elizabeth.

         ~45 minutes from Brooklyn 11223

 

Property Size 138,000 SF 

Lot Size 10.7 Acres

8 Loading Docks / 6 Drive-In Bays

14–24 Ft Clear Ceiling Heights

  Averaging ~19 Ft Clear Ceiling Height

Construction Masonry

Sprinkler System: Wet

Water: City

Sewer: City

Heating: Natural Gas

Year Built/Renovated: 1930/2007

Zoning I-1

 

Heavy Power:  4,000 Amps (Substation, Lower Rates)

   (Able to support Charging Stations)

 

 

1st Qtr 2024 - JUST COMPLETED; Replaced all lighting with hi-efficiency, long life LEDs., Indoor and Outdoor, Warehouse and Offices. Brighter. Very Low Maintenance, Much Lower Costs, with Phone App Adjustable Motion Sensors in Industrial and Storage Areas.

 

Complete Offices Build out.

 

 

Development Potential:

-  Architect's expansion plans prepared (Not yet submitted for Approval) for additional 40,000 SF High Ceiling Addition Available, within zoning and use parameters according to NJ licensed architect firm.

 

 

Contact Exclusive Broker:

Maurice Schemo

Greiner-Maltz of NY & NJ, Inc.

Cell: 646-320-4254

Direct Office: 212-768-0555

Office:  718-786-5050, x 208