Rotuba Extruders Inc. Leases 52000 SF Industrial Space At 401 South Park Avenue In Linden
401 Park Avenue South
Building Size
52,000 SF
Asset Type
Industrial
Closing
Sep 18, 2025
AI
The property involved in this transaction is an industrial asset located at 401 South Park Avenue, consisting of 52,000 square feet in the Linden market. The landlord for this lease is Rotuba Extruders Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 401 South Park Avenue
- Market: Linden
- Landlord: Rotuba Extruders Inc.
- Landlord's Representative: Jordan Metz, Benito Abbate & James Friel - Metz Industrial Group - Bussel Realty
- Tenant's Representative: ACRE
Metz Industrial Group of Bussel Realty Corp. facilitated the sublease of this industrial space to Hengying Clothing 2024 Inc. The representation for the landlord was handled by BRC, ensuring all negotiations were managed effectively for both parties involved in this transaction.
Players
Linden 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