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JNJ Tires LLC Leases 6500 Square Feet From MN NJ Realty LLC In Roselle New Jersey
LEASED
New Jersey
See Similar DealsIndustrial6,500 SF
Leased 11/18/2024
LEASED
JNJ Tires LLC Leases 6500 Square Feet From MN NJ Realty LLC In Roselle New Jersey
169 East Highland Parkway
See Similar DealsIndustrial6,500 SF
Leased 11/18/2024
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:6,500 SF
Transaction Type:Lease
The property involved in this transaction is a 16,500-square-foot industrial asset located at 169 East Highland Parkway, Roselle, NJ. The leased space comprises 6,500 square feet. The landlord of the property is MN NJ Realty LLC, and the transaction took place on November 18, 2024.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 169 East Highland Parkway
- Market: Roselle
- Square Footage: 6,500
- Landlord: MN NJ Realty LLC
- Tenant: JNJ Tires LLC
- Broker: Steve Jaynes - Bussel Realty
In this deal, Steve Jaynes of Bussel Realty represented both the tenant, JNJ Tires LLC, and the landlord, MN NJ Realty LLC. The transaction reflects a collaborative effort in facilitating the leasing of the industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$372,576.08
Total Lease Value
$3,725,760.78
Net Landlord Cash Flow$372,576.08
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