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H.N. International Group Leases Industrial Space In Somerset With NAI-DiLeoBram Rep
LEASED
New Jersey
See Similar DealsIndustrial15,000 SF
Leased 04/16/2024
LEASED
H.N. International Group Leases Industrial Space In Somerset With NAI-DiLeoBram Rep
72 Veronica Avenue
See Similar DealsIndustrial15,000 SF
Leased 04/16/2024
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:15,000 SF
Transaction Type:Lease
The industrial property located at 72 Veronica Avenue in Somerset spans 15,000 square feet. This property is part of the Franklin Technical Center and strategically situated between Princeton and Rutgers universities. Zoned for medium industrial uses, the space consists of three units within an industrial/flex building.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 72 Veronica Avenue
- Market: Somerset
- Tenant: H.N. International Group
- BROKER: Christopher Galiano - NAI-DiLeoBram and Co.
Christopher Galiano from NAI-DiLeoBram and Co. represented H.N. International Group in securing the lease at 72 Veronica Ave. This wholesale home-textiles operator entered into an agreement for the three units within the industrial/flex building, benefiting from the property's prime location.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$859,790.95
Total Lease Value
$8,597,909.48
Net Landlord Cash Flow$859,790.95
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