SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb...
Transcript of SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb...
Linda Cinelli, CCIM & Edan Cohen
LC Realty
908-722-5661 / [email protected]
646-630-8511 / [email protected]
SELF STORAGE
INVESTMENT & DEVELOPMENT
OPPORTUNITY
Tenafly Self Storage
83 N. Summit St.
Tenafly, NJ 07670
INVESTMENT HIGHLIGHTS • Opportunity to develop a ± 52,000 SF self-storage facility “As-of-Right,” with
the possibility of more
• Currently an existing stabilized self-storage facility with upside
• 15,245 SF building situated on 1 Acre
• 110 climate controlled units
• 7,487 Net Rentable SF + approvals for conversion/expansion of additional 4,123 Net Rentable SF (Totaling 11,610 NRSF)
• 22 parking spaces
• Underserved market
• Close proximity to Rte. 9W/Palisades Interstate Parkway with direct access to I-95 Express & I-80 Express
OFFERING PRICE: $3,900,000
Argus Self Storage Advisors and LC Realty have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to it’s accuracy. Buyer to conduct their own due diligence.