Crossroads Industrial East & West — Sale in Dayton, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Dayton, NJ
  • Size: 330,859 SF

Photos

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Description

JLL is pleased to present for sale Crossroads Industrial East & West . The Portfolio consists of seven shallow bay / light industrial logistics and distribution facilities totaling 330,859 SF and presents an investor with the opportunity to acquire a critical mass of in-fill industrial product at Exit 8A of the New Jersey Turnpike. The Portfolio is 84% leased to a diversified tenant roster with 2.67 years of weighted average remaining lease term. In-place rents are 12.3% below market and the tenants have an average tenure of 17.9 years. 62% of the portfolio rolls to market within the first 3 years of an investors hold period, providing the ability to lease-up the existing vacancy and achieve a significant portion of the mark-to-market in the near term. The Portfolio benefits from an advantageous design profile with 22’ clear heights, ample loading ratio of 1 door per 4,938 SF and appropriate 13% average office finish. With an average building size of just 47,266 SF and a total of 25 suites, the Portfolio exemplifies ideal multi-tenant functionality.

Market Context

This industrial in Dayton, NJ is listed for sale across 330,859 SF. Compare it against other industrial listings for sale in Dayton, NJ — view the full market.

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