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1580 Lower Road

Updated Sep 10, 2026

Astra Products And Bentex Group Renew Leases Totaling 123,766 Square Feet In Linden, NJ
LEASEDIndustrial

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:

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

Jordan Metz

Bussel Realty

Broker

$173.1M

vol

47 deals

Broker
Astra Products
Astra ProductsBuyer
Linden Warehouse & Distribution Co.
Linden Warehouse & Distribution Co.Landlord

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

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