240 Route 17

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240 Route 17

Lodi, NJ 07644
Asking Price
$400K
Asset Type
Industrial
Class
Class B

What's Special

240 Route 17 in Lodi, New Jersey, occupies a prominent position within a densely developed commercial corridor in Bergen County. The property offers direct frontage on Route 17, providing immediate connectivity to Interstate 80 and the Garden State Parkway. The surrounding neighborhood is characterized by a mix of retail centers, automotive dealerships, and light industrial facilities. Nearby amenities include several national shopping plazas, quick-service restaurants, and fueling stations. Its proximity to the George Washington Bridge and the Teterboro Airport makes it a strategic hub for regional distribution and metropolitan access. This industrial asset is well-suited for last-mile delivery operations, local distribution, or light manufacturing activities. The location appeals to commercial tenants in the logistics, wholesale trade, and construction supply sectors that require high visibility and efficient transit routes. Proximity to dense residential populations and major northern New Jersey commerce centers makes the site an ideal match for service-oriented businesses or third-party logistics providers seeking a central base of operations. The facility supports a variety of industrial uses requiring accessible loading areas and proximity to major arterial highways.

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NOI
$80,000
Cap Rate
20.01%
DSCR
3.37
Strong
Cash-on-Cash
46.89%
Monthly Payment
$1,978.487
Annual Cash Flow
$56,258.156

Location & Travel Times