The Training Center Inc. Expands Operations With 10-Year Lease At 3087 Route 22 Branchburg NJ
3087 United States Highway 22
Building Size
24,600 SF
Asset Type
Industrial
Closing
Jun 3, 2026
AI
The property involved in this transaction is an industrial space located at 3087 Route 22 in Branchburg, New Jersey. The asset encompasses a total area of 24,600 square feet within a larger 45,376-square-foot building, leased by The Training Center Inc. from MP Holdings LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3087 Route 22, Branchburg, NJ
- Lease Terms: 10-year
- Landlord: MP Holdings LLC
- Tenant: The Training Center Inc.
- Landlord's Rep: Tim Deluccia & Bill Gazi - Deluccia Commercial Group
- Tenant's Rep: John Doyle - ERA Central Realty Group
This lease expands The Training Center Inc.'s operational capabilities to offer hands-on vocational training in various trades such as HVAC, electrical work, welding, and plumbing. The arrangement was managed through the expertise of Deluccia Commercial Group, representing the landlord, enhancing the vocational programs available in the region.
Players
Mill Hall Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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