SRS Distribution - Belford, NJ — Sale in Middletown Township, NJ
- Price: $5.6M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Middletown Township, NJ 07718
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas, Inc.(“ JLL ”) is pleased to exclusively offer for sale the fee-simple interest in the single-tenant SRS Distribution (“ Company ” or “ Tenant ”) property located at 195 Leonardville in Belford, NJ. The Tenant is operating on an NN lease with ±9.6 years of remaining term and features attractive 3.75% annual rental escalations. This offering represents a rare opportunity to acquire a 4.85-acre industrial outdoor storage (IOS) site with extremely low site coverage (±7.8%), a highly sought-after asset class in the dense, high-barrier-to-entry Northern New Jersey industrial market.
Market Context
This industrial in Middletown Township, NJ is listed for sale at $5,603,000. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing industrial assets. Compare it against other industrial listings for sale in Middletown Township, NJ — view the full market.
Contact
- Jason Lundy · 9735492053 · jason.lundy@jll.com
- Nick Stefans · 9735492033 · nicholas.stefans@jll.com
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