5 Mars Ct Boonton, NJ 07005
For Lease
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This exceptional 34,500-square-foot industrial property in Boonton, NJ, presents a unique investment opportunity. Situated on a 3.31-acre lot, this versatile space is perfectly suited for a variety of commercial uses, including light manufacturing, warehousing, and distribution. The property boasts 3,900 square feet of modern office and administrative space, seamlessly integrated with the expansive warehouse area. Maintain a comfortable and efficient operation with the recently updated HVAC systems and energy-saving LED lighting throughout. High ceilings, ranging from 15 to 24 feet, offer unparalleled flexibility for storage, equipment placement, and operational layout. Ample on-site parking ensures convenient access for employees and clients. Benefit from the strategic location, providing easy access to major transportation arteries including Routes 46, 80, and 287, significantly streamlining logistics and distribution. This property offers a compelling combination of size, functionality, and location, making it an ideal choice for businesses seeking to expand or establish a strong presence in the thriving Boonton market. The asking price is $7,495,000.
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
I2 · Boonton, NJBoonton. Always verify with local authorities before improvements.
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.