Sale Overview
Sale Price: $3,780,000
Address: 15A Melanie Lane
Asset Class: Industrial Flex
Price per Square Foot: $126.00
Building Specifications
Year Built: 2008
Number of Stories: 2
Lot Dimensions and Square Footage: Comprehensive lot offering ample space for industrial use
Total Rentable Square Footage: 30,000 SF, perfectly adaptable for varied industrial purposes
Location Benefits
Nearby Subway Lines and Train Stations: Close proximity to NJ Transit Morris & Essex Line, ensuring swift travel to major city centers.
Convenience and Connectivity: Right off Route 10 and near the junction with Route 287, providing seamless connection to New York City and beyond.
Sale Details
Full Price: $3,780,000
Price per SF/BSF: $126.00
Buyer: ABC Investments Group
Seller: East Hanover Realty Corp. (Private Investor)
Market Analysis
Market Trend: Increasing demand for industrial and flex spaces due to ecommerce growth.
Competitive Advantage: Strategic location with unparalleled access to major transport routes.
Investment Potential: Continued growth anticipated in East Hanover's industrial sector.
Conclusion
For inquiries or further information, please contact our office.
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
Assistance Hours
Mon – Fri 9:00am – 4:00pm
Phone Number:
(305) 987-3053