1 Broad Ave, Berlin, NJ 08009
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.