Updated Jun 10, 2026
Northcott Silk USA Leases 38,728 Square Feet From Saddleback Real Estate Developers In Lyndhurst NJ
1050 Valley Brook Avenue
Building Size
38,728 SF
Asset Type
Industrial
Closing
Jun 8, 2026
About this deal
AI
The leased asset is an industrial property located at 1050 Valley Brook Avenue in Lyndhurst, New Jersey. It encompasses a total square footage of 38,728, with a 24-foot-clear height, offering dock access and parking. The landlord of the property is Saddleback Real Estate Developers.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1050 Valley Brook Avenue
- Market: Lyndhurst, NJ
- Landlord: Saddleback Real Estate Developers
- Tenant: Northcott Silk USA
- Broker: Robert Adams - Garden State Realty
Northcott Silk USA has signed a lease for the industrial space, occupying roughly half of the building owned by Saddleback Real Estate Developers. The transaction was facilitated by Robert Adams representing Garden State Realty, adding a textile tenant to the facility.
On the Map
Industrial
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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