701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
830 Morris Turnpike, Suite 201, Short Hills, NJ 07078
www.blauberg.com
JASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
For More Information, Contact
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
OFFERING SUMMARY
Lot Size: 13.514 Acres
Building Size: 90,236 SF
NOI: $919,462.56
Cap Rate: 6.81%
PROPERTY DESCRIPTION
As exclusive agent, The Blau & Berg Company is pleased to offer for sale a 100% fee interestin 701 Ford Road, Rockaway, NJ which consists of ±90,236 SF on ±13.5 AC with epoxy floorsand 22' clearance. At Interchange 37 off Route 80 east and west. Located in the I-zone, thesite currently provides for parking over 143 vehicles.
PROPERTY HIGHLIGHTS
• Total Building: 90,236 SF on 13.514 AC
• Includes: +/-77,727 SF Ground Floor, 11,722 SF Mezzanine Office Area Plus 787 SF Maintenance Facility
• Utilities: Gas Suspended Heaters, Wet System
• Column Spacing: 40’ x 30’ , Ceiling Height: ±22’, Loading: 10 TB, 2 DI
• NOI: $919,462.56, Zoning: Industrial
• Taxes: $163,576.00
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
TENANT
NAME
UNIT
NUMBER
LEASE
START
LEASE
END
ANNUAL
RENT
Geesey Trucking BIN #3 9/1/18 8/1/19 $6,180
Ace Trucking $7,800
Dargi Trucking $6,075
Eastwest Transportation $15,000
HB Service BIN #5 4/1/19 3/31/20 $7,800
KB Trucking $6,000
JBM Transportation $1,625
Jesus Montero $2,250
Juan Berrio $2,250
JVS Trucking 6 Van 1 Container 7/1/19 6/30/20 $17,700
MT Hauler 3 Trucks 7/1/19 6/30/20 $8,100
Red Logistics $9,000
S. Ocampo $1,750
Seabasdavid Trucking $1,750
Stevens Trucking $24,000
Thakkar Brothers 2nd Floor 4 12/1/18 11/30/19 $6,000
Trash Pro's $10,800
Barkocy Brothers $4,692
TD Maintenance 2nd Floor 3 3/1/18 2/1/21 $14,329
I N D U S T R I A L P R O P E R T Y F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
TENANT
NAME
UNIT
NUMBER
LEASE
START
LEASE
END
ANNUAL
RENT
Nova Actuarial Services 2nd Floor 2 8/1/16 7/31/20 $9,503
Matchmark 2nd Floor 1 9/1/19 8/31/20 $10,468
PanurgyOEM Main Warehouse 9/30/17 10/1/22 $766,675
Totals/Averages $939,747
I N D U S T R I A L P R O P E R T Y F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 5,314 41,005 105,066
Median age 42.8 42.1 40.3
Median age (Male) 42.1 41.2 39.1
Median age (Female) 43.3 42.9 41.4
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 1,961 15,231 37,647
# of persons per HH 2.7 2.7 2.8
Average HH income $113,646 $115,779 $116,188
Average house value $440,753 $443,761 $447,017
* Demographic data derived from 2010 US Census
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866
For More Information, ContactJASON M. CRIMMINS, CCIM, SIOR President [email protected] 973.379.6644 x122
MICHAEL F. SCHIPPER Director [email protected] 973.379.6644 x146
ALESSANDRO (ALEX) CONTE, CCIM, SIOR Executive Vice President [email protected] 973.379.6644 x131
PETER J. MURANO, JR., SIOR Senior Executive Director [email protected] 973.379.6644 x114
830 Morris TurnpikeSuite 201Short Hills, NJ 07078
www.blauberg.comThe information contained herein has been obtained from sources considered to be reliable, but no guarantee of its accuracy is made by this company. Inaddition, no representation is made respecting zoning, condition of title, dimensions, or any matters of a legal or environmental nature. Such matters should bereferred to legal counsel for determination. Terms and conditions are subject to change without prior notice. Subject to errors and omissions.
JASON M. CRIMMINS, CCIM, SIORPresident
973.568.6611
ALESSANDRO (ALEX) CONTE, CCIM, SIORExecutive Vice President
973.432.1648
PETER J. MURANO, JR., SIORSenior Executive Director
973.214.9375
MICHAEL F. SCHIPPERDirector
973.936.4173
I N D U S T R I A L P R O P E R T Y I N V E S T M E N T F O R S A L E
701 FORD ROAD701 Ford Road, Rockaway, NJ 07866