Ben Tire LLC Leases 58,100 SF Industrial Space In Linden At 2500 Brunswick Ave
2500 Brunswick Ave Linden, NJ 07036, USA
$12
$12/SF
Building Size
58,100 SF
Asset Type
Industrial
Closing
Jun 27, 2023
AI
Ben Tire LLC has leased 58,100 square feet at the 2500 Brunswick Ave. industrial complex in Linden. The strategic location and functional building specifications of the complex attracted multiple competing offers.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Lease
- Asking Rent: $12.50/ft. ~ SF: 58,100
- Address: 2500 Brunswick Avenue, Linden
- Market: Linden
The landlord's representatives for the lease transaction at 2500 Brunswick Avenue in Linden were Jordan Metz and Ben Abbate from Bussel Realty. Rich Marchisio from Lee & Associates represented Ben Tire LLC as their tenant's representative.
Players
New Jersey 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
1321916.67%
Cash-on-Cash
-377807.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93