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

2
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

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

Page 1: SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb Rd Ave Columbus Dr Sunset Ln ILA CLAIRE Ho- The valley Hospital Kus Road park HILLSDALE

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

Page 2: SELF STORAGE INVESTMENT & DEVELOPMENT OPPORTUNITY...Magnolia Davenport St Gordon Ave Hickory Newcomb Rd Ave Columbus Dr Sunset Ln ILA CLAIRE Ho- The valley Hospital Kus Road park HILLSDALE

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.