POC Realty LLC Acquires Food Production Facility In Middlesex For $3.2M From 203 Egel Avenue LLC
203 Egel Avenue
$3,200,000
$526/SF
Building Size
6,080 SF
Asset Type
Industrial
Closing
Jun 17, 2026
AI
The industrial asset located at 203 Egel Avenue in Middlesex, NJ, features a food production facility encompassing 6,080 square feet. The sale price for this property was $3,200,000, resulting in a price per square foot of $526. The property is certified by the USDA, FDA, and New Jersey Department of Agriculture and had extensive upgrades completed in 2022, offering a turnkey production facility that allows for immediate occupancy.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,200,000
- Buyer: POC Realty LLC
- Seller: 203 Egel Avenue LLC
- Broker: Eric Koons - Bussel Realty Corp
- Square Footage: 6,080
- Price per Square Foot: $526
Bussel Realty Corp. represented both POC Realty LLC and 203 Egel Avenue LLC in this transaction, facilitating the sale of the upgraded food production facility that was ready for immediate use.
Players
Valley Lee Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93