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Property profile & analytics
OFF-MARKET
Industrial properties

311 Mechanic St Boonton, NJ 07005

30,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 30,000-square-foot industrial property in Boonton, Morris County, NJ, offers a 9,000-square-foot single-tenant manufacturing space available July 1, 2024. The building boasts 13-foot ceilings, providing ample vertical space for various manufacturing operations. Convenient loading and unloading is ensured with two exterior loading docks and one drive-in door. A covered loading platform enhances efficiency and protects goods from the elements. The space includes a 500-square-foot office area, expandable by an additional 2,400 square feet in an adjacent building, offering flexibility for administrative needs. A fenced parking lot provides secure parking for employees and visitors. The building's robust power supply features 3,000 amps at 480 volts. Column spacing is 18' x 33'. The net rental rate is $12 per square foot, with operating expenses of $3.50 per square foot (tenant responsible for electricity and snow removal). This property presents a fantastic opportunity for a manufacturing business seeking a well-equipped and strategically located facility in Morris County. The property is ready for immediate occupancy.

Property profile
Verified
Property type Industrial properties
Total area 30,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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