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Breakaway Enterprises Leases 15,040 Square Feet Industrial Space At 8400B Remington Avenue In Pennsauken
LEASED
New Jersey
See Similar DealsIndustrial15,040 SF
Leased 11/07/2024
LEASED
Breakaway Enterprises Leases 15,040 Square Feet Industrial Space At 8400B Remington Avenue In Pennsauken
8400b Remington Avenue
See Similar DealsIndustrial15,040 SF
Leased 11/07/2024
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:15,040 SF
Transaction Type:Lease
The industrial property located at 8400B Remington Avenue in Pennsauken features a total square footage of 15,040. This asset serves as the new location for Breakaway Enterprises, a company specializing in commercial refrigeration gaskets, allowing the tenant to expand their operations effectively.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 8400B Remington Avenue
- Market: Pennsauken
- Tenant: Breakaway Enterprises
- Brokers: Emily Stein & Vince Ceroli - Vantage Commercial Real Estate
Emily Stein and Vince Ceroli from Vantage Commercial Real Estate represented Breakaway Enterprises in this leasing transaction. The new location is strategically positioned, providing necessary access to major routes and space for future growth opportunities.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$862,083.72
Total Lease Value
$8,620,837.24
Net Landlord Cash Flow$862,083.72
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