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Ridgecut Road Acquires Industrial Outdoor Storage Facility In Union New Jersey With JLL Representation
SOLD
+ 1
New Jersey
See Similar DealsIndustrial
Sold 11/27/2024
SOLD
Ridgecut Road Acquires Industrial Outdoor Storage Facility In Union New Jersey With JLL Representation
2461 Iorio Street
See Similar DealsIndustrial
Sold 11/27/2024
+ 1
Summary
NEW JERSEY
Asset Type:Industrial
Transaction Type:Sale
An industrial outdoor storage facility at 2461 Iorio Street, Union, NJ has been sold. The property spans 2.5 acres and features a clear height of 15 feet, one loading dock, and four drive-in bays.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2461 Iorio Street
- Market: Union
- Acres: 2.5
- Buyer: Eric & Scott Shalek
- Buyer's Company: Ridgecut Road
- Brokers: Jason Lundy, Jordan Avanzato, Marc Duval & Nick Stefans
- Brokerage: JLL
JLL facilitated the transaction, representing the buyer, Ridgecut Road, a New York-based investment firm. The sale was brokered by Jason Lundy, Marc Duval, Jordan Avanzato, and Nicholas Stefans from JLL.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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