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808 Us Route 1

Maserati & Bentley Of Edison Leases 42,000 SF Industrial Space In Edison NJ For 5 Years
LEASEDIndustrial

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:

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

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker

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