Updated Sep 10, 2026
Astra Products And Bentex Group Renew Leases Totaling 123,766 Square Feet In Linden, NJ
1580 Lower Road
Building Size
123,766 SF
Asset Type
Industrial
Closing
Sep 9, 2026
About this deal
AI
The industrial property located at 1580 Lower Road in Linden, NJ encompasses a total of 123,766 square feet. The building is currently fully occupied, serving the needs of its tenants with a significant amount of space dedicated to operations and distribution.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1580 Lower Road
- Market: Linden, NJ
- Landlord: Linden Warehouse & Distribution
- Tenant 1: Astra Products
- Tenant 2: Bentex Group Inc
- Broker Representation: Jordan Metz, Benito Abbate & James Friel - Bussel Realty
Bussel Realty Corp. represented the landlord, Linden Warehouse & Distribution, in the lease renewals for Astra Products and Bentex Group Inc. The lease transactions included an 80,000-square-foot renewal with Astra and a 43,766-square-foot renewal with Bentex, contributing to the continued occupancy of the property.
Players
Linden 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