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MCR Cabinetry Inc. Leases 12,500 Square Feet Industrial Space In Piscataway From Sullivan Family Holdings
LEASED
New Jersey
See Similar DealsIndustrial12,500 SF
Leased 01/13/2025
LEASED
MCR Cabinetry Inc. Leases 12,500 Square Feet Industrial Space In Piscataway From Sullivan Family Holdings
240 North Randolphville Road
See Similar DealsIndustrial12,500 SF
Leased 01/13/2025
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:12,500 SF
Transaction Type:Lease
The asset involved in this transaction is an industrial building located at 240 North Randolphville Road in Piscataway. The total square footage of the building is 22,500, with MCR Cabinetry Inc. leasing 12,500 square feet at full asking price.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Lease Area: 12,500 square feet
- Landlord: Sullivan Family Holdings
- Tenant: MCR Cabinetry Inc.
- Landlord's Representative: Anthony Mircovich - Bussel Realty
- Tenant's Representative: Ya Yuan Lien - EXP Realty
The transaction was facilitated by Bussel Realty Corp. and EXP Realty LLC, highlighting the active role of the representatives in the leasing of this industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$716,492.46
Total Lease Value
$7,164,924.57
Net Landlord Cash Flow$716,492.46
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