Metz Industrial Group Leases 80000 SF Industrial Space At 1 Buckingham Avenue In Perth Amboy
1 Buckingham Avenue
Building Size
80,000 SF
Asset Type
Industrial
Closing
Sep 3, 2025
AI
The property asset involved in the transaction is a leased industrial space located at 1 Buckingham Avenue, Perth Amboy, with a total square footage of 80,000. The landlord for this property is Accurate Builders & Developers.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1 Buckingham Avenue
- Market: Perth Amboy
- Landlord: Accurate Builders & Developers
- Landlord's Representative: Lee & Associates
- Tenant's Representative: Jordan Metz, Benito Abbate & James Friel - Metz Industrial Group - Bussel Realty
Metz Industrial Group of Bussel Realty Corp. facilitated the lease on behalf of an undisclosed tenant, allowing them to occupy the industrial space at the mentioned address. The representation for the landlord was provided by Lee & Associates.
Players
Perth Amboy Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93