GMB North America Leases 154000 SF Industrial Space At 1804 River Road Burlington
1804 River Road
Building Size
154,000 SF
Asset Type
Industrial
Closing
Jun 6, 2025
AI
The asset involved in the transaction is an industrial property located at 1804 River Road in Burlington, NJ. The facility spans 154,000 square feet and features a cross-dock layout, equipped with 50 dock doors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1804 River Road
- Market: Burlington
- Tenant: GMB North America
- Brokers: Haylee McCabe, Kyle Eaton, Michael Schipper & Robert Loderstedt - Newmark
Newmark represented GMB North America in the leasing transaction, which was for a newly built facility. The details of the landlord were not disclosed.
Players
Burlington 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