SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb...

Post on 26-Sep-2020

0 views 0 download

Transcript of SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb...

Linda Cinelli, CCIM & Edan Cohen

LC Realty

908-722-5661 / Linda@LCRealtyUSA.com

646-630-8511 / Edan@LCRealtyUSA.com

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.