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1804 River Road

GMB North America Leases 154000 SF Industrial Space At 1804 River Road Burlington
LEASEDIndustrial

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:

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

Robert Loderstedt

Newmark

Broker

$7.3M

vol

5 deals

Broker

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