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J. Del Corona & Scardigli USA Inc. Leases Industrial Space At 1805 Lower Road In Linden
LEASED
New Jersey
See Similar DealsIndustrial50,000 SF
Leased 02/16/2024
LEASED
J. Del Corona & Scardigli USA Inc. Leases Industrial Space At 1805 Lower Road In Linden
1805 Lower Road
See Similar DealsIndustrial50,000 SF
Leased 02/16/2024
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease
The industrial property located at 1805 Lower Road in Linden spans 50,000 square feet. The warehouse, leased by J. Del Corona & Scardigli USA Inc., offers high ceilings and ample truck loading facilities. Its strategic location near Route 1&9 provides easy access to Port Newark-Elizabeth.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Stefano D'angelo - J. Del Corona & Scardigli USA Inc.
- Tenants' Broker: James McNerney & John D’Amato - McBride Corporate Real Estate
The lease of this industrial space was facilitated by James McNerney and John D’Amato from McBride Corporate Real Estate. J. Del Corona & Scardigli USA Inc., a freight forwarding firm, secured the warehouse for their operations, benefiting from its favorable features and convenient location.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,865,969.83
Total Lease Value
$28,659,698.28
Net Landlord Cash Flow$2,865,969.83
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