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Industrial Lease Secured At 1111 Jefferson Avenue In Elizabeth By William F. Connors III
LEASED
New Jersey
See Similar DealsIndustrial14,800 SF
Leased 05/24/2024
LEASED
Industrial Lease Secured At 1111 Jefferson Avenue In Elizabeth By William F. Connors III
1111 Jefferson Avenue
See Similar DealsIndustrial14,800 SF
Leased 05/24/2024
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:14,800 SF
Transaction Type:Lease
An industrial building located at 1111 Jefferson Avenue in Elizabeth has secured a lease deal for nearly 15,000 square feet. The property features 15-foot ceiling heights, 2,000 square feet of office space, and two shared tailgates. Conveniently situated about a half-mile from Newark Avenue and Route 1&9, this industrial space offers ample amenities for the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 1111 Jefferson Avenue
- Market: Elizabeth
- Square Footage: 14,800
The lease deal was facilitated by The William F Connors Agency, with William F. Connors III serving as the sole broker representing the parties involved in the transaction. The tenant set to occupy the industrial building will benefit from the strategic location and various features offered by the property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$848,327.07
Total Lease Value
$8,483,270.69
Net Landlord Cash Flow$848,327.07
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