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1 Buckingham Avenue

Updated Aug 31, 2026

Freight Transportation Services Provider Leases 250,000 Square Feet At 1 Buckingham Avenue In Perth Amboy
LEASEDIndustrial

Freight Transportation Services Provider Leases 250,000 Square Feet At 1 Buckingham Avenue In Perth Amboy

1 Buckingham Avenue

Building Size

250,000 SF

Asset Type

Industrial

Closing

Aug 28, 2026

About this deal

AI

An industrial property located at 1 Buckingham Avenue in Perth Amboy, NJ is involved in a closed lease transaction. The asset spans 250,000 square feet and is now fully occupied following a recent leasing arrangement. The landlord of the property is MayPerth LLC.

Summary of transaction details:

A freight transportation services provider signed the lease, relocating from Union County to enhance its operational capabilities. Lee & Associates facilitated the transaction for the landlord side, while Eretz Realty represented the tenant, ensuring the industrial property reached full occupancy.

Players

Monica Franco

Lee & Associates

Broker

2 deals

Broker

Perth Amboy 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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