111 Maltese Dr, Totowa, NJ 07512
For Lease
This exceptional 30,959-square-foot industrial flex building, situated on a generous 4.6-acre lot in Passaic County, presents a unique opportunity. Boasting a 23-foot ceiling height, this single-tenant space is ideal for a variety of uses. The property features one drive-in door, complemented by ample parking with 43 auto spaces and additional trailer parking. The building includes 26 tailgates and a fully sprinklered system (wet). A significant advantage is the inclusion of air-conditioned office space, enhancing functionality and comfort. Construction is currently underway, with occupancy anticipated in the fourth quarter of 2024. The I-3 zoning provides flexibility for various business operations. Its strategic location offers easy access to major transportation arteries, including Routes 80, 23, and US-46, ensuring seamless logistics and convenient commutes. Lease rates are available upon inquiry. Don't miss this chance to secure a prime industrial space in a highly desirable location. Contact us today to learn more about this exceptional property and its potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.