Jack Khords Leases 44,000 SF Industrial Property To Carol Tome Of UPS In Trenton
LEASED
$3
New Jersey
See Similar DealsIndustrial44,000 SF
Leased 10/16/2025
LEASED
Jack Khords Leases 44,000 SF Industrial Property To Carol Tome Of UPS In Trenton
1400 East State Street
See Similar DealsIndustrial44,000 SF
Leased 10/16/2025
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$3
Total Square Footage:44,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial space located at 1400 East State Street in Trenton. The asset encompasses a total square footage of 44,000 and is under a ground lease arrangement. The asking rent for this property is set at $3 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3/ft
- Address: 1400 East State Street
- Market: Trenton
- Lease Type: Ground Lease
- Landlord: Jack Khords
- Tenant: Carol Tome - UPS
- Broker: Jack Sardar - Tri State Commercial Realty
Key individuals involved in this deal include the landlord, Jack Khords, who owns the property, and tenant Carol Tome, representing UPS, who will occupy the space. The transaction was facilitated by broker Jack Sardar from Tri State Commercial Realty, representing the landlord in this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,499.63
Total Lease Value
$1,714,996.34
Net Landlord Cash Flow$171,499.63
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