Property profile

1 Broad Ave Berlin, NJ 08009

OFF-MARKET
Warehouses
5,700 SF Built 1950
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Property summary

AI-generated overview

This exceptional 5,700-square-foot industrial warehouse offers flexible space perfect for a variety of business needs. Located on a bustling street in Berlin, NJ, this single-building property boasts high visibility, ensuring maximum exposure for your business. Built in 1950, the warehouse features an 11-foot ceiling height, providing ample room for storage and operations. The space is currently configured as a blend of office, warehouse/storage, and showroom/retail areas, allowing for customization to suit your specific requirements. A significant advantage is the inclusion of a loft area above the main building, offering a built-out private office and additional storage or recreational space. The property is available for occupancy beginning December 1st, 2024. The monthly base rent is $3,640, with additional NNN charges of $1,000 per month covering building insurance and property taxes. Tenants are responsible for all utilities. This presents a unique opportunity to secure a versatile and well-located property in a thriving area. The asking rental rate is approximately $7.95 per square foot. Don't miss this chance to establish your business in this prime Berlin location.

Property profile

Verified
Property type Warehouses
Year built 1950
Total area 5,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Broad Ave Berlin, NJ 08009
Berlin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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