Updated Oct 16, 2026
Eduardo Lopez Of Lee & Associates Represents Offside Ventures In 7-Year Warehouse Lease In Paterson
297 Getty Avenue
$14
$14/SF
Building Size
22,699 SF
Asset Type
Warehouse
Closing
Oct 1, 2026
About this deal
AI
The asset involved in this transaction is a warehouse located at 297 Getty Avenue in Paterson, NJ. The property features 32-foot clear ceilings and encompasses a total square footage of 22,699. The lease type agreed upon is a Modified Gross Lease, with an asking rent of $14 per square foot.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $14/ft
- Square Footage: 22,699
- Address: 297 Getty Avenue
- Market: Paterson
- Landlord: Anchor Assets
- Tenant: Offside Ventures
- Tenant's Representative: Eduardo Lopez - Lee & Associates
- Lease Duration: 7 years
Eduardo Lopez of the Schaible/Wisse Team at Lee & Associates successfully represented Offside Ventures in this transaction. The deal originated from an inquiry generated through NJ Warehouse Connect’s “Warehouse of the Week” YouTube series, showcasing the effectiveness of targeted digital marketing strategies.
On the Map
$14
$14/SF
Warehouse
View full map
Players
Paterson Warehouse Market Snapshot
Boundary boundary · Warehouse · Lease transactions
Loading comparables…
Deal FAQ
Visit Eduardo Lopez to view all their deals.
Browse Paterson warehouse leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1133071.43%
Cash-on-Cash
-323835.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93