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3087 United States Highway 22

The Training Center Inc. Expands Operations With 10-Year Lease At 3087 Route 22 Branchburg NJ
LEASEDIndustrial

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

Tim Deluccia

Berkshire Hathaway HomeServices

Broker

$22.7M

vol

15 deals

Broker
TI
The Training Center Inc.Tenant

Mill Hall 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93