Updated Jan 29, 2026
Powersoft Leases 17000 SF Industrial Space At 1 Gold Mine Road In Flanders
1 Gold Mine Road
Building Size
17,000 SF
Asset Type
Industrial
Closing
Jan 28, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 1 Gold Mine Road in Flanders. The leased property encompasses a total of 17,000 square feet and falls within the industrial market segment.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1 Gold Mine Road
- Market: Flanders
- Tenant: Powersoft
- Brokers: Brian Wilson & Scott Peck - Resource Realty
Powersoft's lease of the industrial space highlights Resource Realty of Northern New Jersey’s success in facilitating significant transactions within the area, particularly emphasizing the sustained demand for flex-industrial space along the I-80 corridor. A notable 2,500 square foot renewal by TLC further illustrates the continued necessity for smaller industrial properties.
Players
Roxbury Township 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