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
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
Loading comparables…
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