24 Pier Lane W

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24 Pier Lane W

Fairfield, NJ 07004-2505
Asking Price
$6.45M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

24 Pier Lane W, Fairfield, NJ 07004-2505 <ul><li>​28,500SF +/- Warehouse with less than 1,000SF of Office Space</li><li>​Total of 3 Loading dock doors (one on each side & 14 covered tail backs to unload)</li><li>​Close to major Highways & Corridors and in a densely populated market</li><li>​Mason structure with 8 space heaters in warehouse and 20' clear ceiling height</li><li>​Warehouse section can easily be divided into two spaces – approximately 12,000SF and approximately 16,000SF</li><li>​Spacious lot will fit ample parking and truc

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NOI
$80,000
Cap Rate
1.24%
DSCR
0.21
Underwater
Cash-on-Cash
-15.66%
Monthly Payment
$31,911.081
Annual Cash Flow
$-302,932.969

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