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128 Iron Mountain Road

Amazing Savings Leases 173,475 Square Feet At Brookfield Properties In Mine Hill, New Jersey
LEASEDIndustrial

Amazing Savings Leases 173,475 Square Feet At Brookfield Properties In Mine Hill, New Jersey

128 Iron Mountain Road

Building Size

173,475 SF

Asset Type

Industrial

Closing

Jul 20, 2026

AI

The asset involved in this lease transaction is an industrial property located at 128 Iron Mountain Road in Mine Hill, NJ, encompassing a total square footage of 173,475. The property is managed by Brookfield Properties.

Summary of transaction details:

This lease establishes a new logistics hub for Amazing Savings, supporting its operational expansion. Resource Realty represented the tenant, while Lee & Associates represented the landlord in this transaction.

Players

Joe Komitor

Lee & Associates

Broker

$20.9M

vol

3 deals

Broker
Brookfield Properties
Brookfield PropertiesLandlord

Sam Friedland

Amazing Savings

Tenant
Tenant

Mine Hill 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