This Property is no longer advertised on Showcase.com.
Off Market
1/23

40 Brunswick Ave
Edison, NJ 08817


HIGHLIGHTS

  • Great upside Investment sale, location and underlying Real Estate.
  • Fully leased, multi tenant Investment Sale.
  • Multiple national companies and sale leaseback of 13,769 sq ft.
  • Great mix of Office suites, High Ceiling warehouse distribution space, Commercial flex tenants.
  • RECENT PRICE REDUCTION FROM $17.9 MIL TO $16.2 MIL 5 % CAP RATE AS OF DECEMBER 2021

OVERVIEW

40 Brunswick Ave, Edison is a 62,799 sq ft fully leased (95%) multi-tenanted Industrial/flex/office/Commercial Mixed-use building for Sale. McGlone Realty Resources/B.J. McGlone & Company built the building in 1980. They are the original tenant in the building and still the current owner of the property. They will lease back the 13,769 sq ft of office and warehouse that they currently occupy or vacate for a building user. The flexibility and variety of the industrial space, office units and commercial spaces offered at the site along with the location in the strong central NJ market ½ mile from the Edison Train Station, has historically led to very low vacancy rates. The property has a good mix of tenants including national companies NCR, Stanley Steamer, and AutoParts Inc. There are currently 18 tenants at the property.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Sale Industrial/Flex 63,000sf Edison NJ

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Distribution, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

UTILITIES

Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

9

PARKING SPACES

127

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

05-00019-0000-00003-01