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Lucky Construction Leases 7500 Square Feet Industrial Space In Roselle From East Deal Inc

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LEASED

New Jersey

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Industrial7,500 SF
Leased 10/01/2024
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LEASED

Lucky Construction Leases 7500 Square Feet Industrial Space In Roselle From East Deal Inc

197 East Highland Parkway

See Similar Deals
Industrial7,500 SF
Leased 10/01/2024
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:7,500 SF
Transaction Type:Lease

The property involved in this lease transaction is an industrial building located at 197 East Highland Parkway in Roselle. The space occupies 7,500 square feet within a 9,400-square-foot structure, featuring 17-foot-high ceilings, drive-in loading, ample power, and parking facilities suitable for industrial operations.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Square Footage: 7,500
  • Address: 197 East Highland Parkway
  • Market: Roselle
  • Landlord: East Deal Inc. / MM Realty
  • Tenant: Lucky Construction
  • Broker: Steve Jaynes - Bussel Realty Corp.

This lease was facilitated by Steve Jaynes of Bussel Realty Corp., representing the interests of Lucky Construction in securing the property. The transaction highlights the strategic decision by the construction firm to operate from a facility that offers significant logistical advantages due to its proximity to major transportation routes.

Players

Steve Jaynes
8 deals$18.5M volume
BROKER

Details

LEASED
IMAGE: Steve Jaynes DATE: 10/01/2024 ADDRESS: 197 East Highland Parkway MARKET: Roselle ASSET TYPE: Industrial ~ SF: 7,500 LANDLORD: East Deal Inc. / MM Realty TENANT: Lucky Construction BROKER: Steve Jaynes - Bussel Realty Corp. (@BusselRealty) NOTE: Lucky Construction has leased 7,500 square feet of a 9,400-square-foot industrial building at 197 East Highland Parkway in Roselle, facilitated by Bussel Realty Corp. The property, strategically located near major transportation routes, features 17-foot-high ceilings, drive-in loading, and ample power and parking, making it ideal for the construction firm's operations.

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Deal Type
Effective Rent (Annual)

$429,895.47

Total Lease Value

$4,298,954.74

Net Landlord Cash Flow$429,895.47