745 Joyce Kilmer Avenue, New Brunswick, NJ 08901 1st TIME DEEPLY DISCOUNTED - CONSIDERING QUALIFIED OFFERS ~$20 MILLION CONTACT EXCLUSIVE BROKER FOR DETAILS OFFERED FOR SALE - Fee Simple. 100% Leased. May be able to incentivize early partial availability. Seller Guarantees Cap Rate 7.5% for 2 years on all, or any leaseback portion. Lot Size: 10.7 Acres Property Size: 138,000 SF (127,280 1st Floor) Construction: Masonry Ceiling Heights: 13–24 Ft. (Average: ~17.6 Ft) Loading: 8 Loading Docks / 6 Drive-In Bays. More Possible. Location: ~35 minutes from Port Elizabeth. ~45 minutes from Brooklyn or Manhattan Heavy Power: 4,000 Amps / 480 Volts / 3 Phase Sprinkler System: Wet Water: City Sewer: City Heating: Natural Gas Zoning: I-1 Seller Financing Available to qualified borrowers: 50% LTV, Interest only @ 6% Interest, Initial Term 5 Years. Located in a U.E.Z. (Urban Enterprise Zone) that provides tax and other benefits. Taxes: 2024 Actual: $1.16 PSF Year Built/Renovated: 1930/ Renovated 2007 Complete Offices Build out. / HVAC Capital Improvement: 1st Qtr. 2024 - Over $250,000. at cost by NJ State, replaced all lighting with hi-efficiency, long life LEDs., Indoor and Outdoor, Warehouse and Offices. Phone App Adjustable Motion Sensors in Industrial and Storage Areas. Development Potential: Engineers Plans prepared, not submitted for approval for; - Expansion of existing building for 21,000 SF and 38,000 SF - Free Standing plan for 125,000 SF or 151,000 SF High Ceiling Warehouse. Contact Exclusive Agent: Maurice Schemo M & M Realty LLC Greiner-Maltz of NY & NJ, Inc. Maurice@Greiner-Maltz.com Cell: 646-320-4254 Direct Office: 212-768-0555 Office: 718-786-5050, x 208 Introducing an incredible opportunity at JOYCE KILMER AVENUE, in very desirable New Brunswick, New Jersey! This industrial campus boasts a massive 138,000 SF warehouse on 10.7 acres of prime real estate. The property is currently 100% fully leased, with the possibility of incentivizing partial vacancies. Seller guarantees a 7.5% CAP rate for 2 years on entire property, or any Leaseback portion. Conveniently located just 35 minutes from the Port of NY&NJ this property provides easy access to major transportation hubs, and is only 45 minutes from Manhattan or Brooklyn. Additionally, with planned development options for high ceiling standalones for additional square footage, there is immense potential for growth and customization. NOW PRICED WELL BELOW MARKET, ALL QUALIFIED OFFERS CONSIDERED. The property's positioning in an urban enterprise zone opens the door to reduced sales tax, employee subsidizing, and other benefits. Don't miss the chance to own a piece of this thriving industrial hub in a strategic location, with much upside potential. Contact our exclusive agent today, Maurice Schemo for more information on this exceptional property.