497 West 129th Street
497 West 129th Street, New York, NY, 10027, US
Beschreibung
Jones Lang LaSalle Americas, Inc.(“JLL”) is pleased to exclusively offer for sale the fee-simple interest in the single-tenant SRS Distribution (“Company” or “Tenant”) property located at 195 Leonardville in Belford, NJ. The Tenant is operating on an NN lease with ±9.6 years of remaining term and features attractive 3.75% annual rental escalations.
This offering represents a rare opportunity to acquire a 4.85-acre industrial outdoor storage (IOS) site with extremely low site coverage (±7.8%), a highly sought-after asset class in the dense, high-barrier-to-entry Northern New Jersey industrial market.
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Eigenschaften
Angebotspreis
4.819.000 €
Rendite
6 %
Jährliche Erhöhung
Fixed
WAULT / DRMV
9.6 Jahre
Gebäudefläche netto
1.518 m²
Grundstücksfläche brutto
0 m²
Medien
Investment-Highlights
- Tenant recently acquired by world's largest home improvement retailer, The Home Depot (S&P: A)
- Long-term, ±9.6-year NN lease structure
- Located in thriving residential community with 135K homes occupied by residents with high disposable incomes
- 4.8-acre IOS site with only 7.8% building FAR coverage, providing critical outdoor storage functionality
- Tenant, SRS, is the fastest-growing distributor of building products with $10B in annual revenue
- $186K average household incomes within a 3-mile radius
- Exceptional access to the economic engines of New York City, Newark, and Philadelphia
- Extremely favorable 3.75% annual rental escalations
Ihre Ansprechpartner
SRS Distribution - Belford, NJ (0 Objekte)
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Zuletzt aktualisiert
12. Mai 2026
