Maserati & Bentley Of Edison Leases 42,000 SF Industrial Space In Edison NJ For 5 Years
808 Us Route 1
$11
$11/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
Dec 23, 2025
AI
The property asset involved in this transaction is located at 808 US Route 1 in Edison, NJ. It consists of an industrial asset with a square footage of 42,000. The asking rent for this lease is $14 per square foot. The lease term is set for 5 years, and it is classified as a NNN lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14/ft
- Lease Term: 5 Years
- Lease Type: NNN Lease
- Tenant: Maserati & Bentley of Edison
- Landlord's Representatives: Josh Augenbaum - Augenbaum Realty & Shlomo Althkefati - Sentry Realty
The key individuals involved in this deal include tenant representatives. Maserati & Bentley of Edison will occupy the space under this lease agreement, facilitated by the efforts of Josh Augenbaum and Shlomo Althkefati representing the landlord. Their roles are crucial in finalizing this lease transaction.
Players
Edison 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
1442090.91%
Cash-on-Cash
-412154.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93