42-50 Farrand St
$10,200,000
42-50 Farrand St, Bloomfield, NJ 07003
75,782 sqft
Building Size
2.08 acres
Lot Area
Details:
Highlights:
- Available Floors: 3
- Average Floor Size: 25000.0
- Lot Size: 2-5 Acres
- Sewer: City
- Water: City Water
Description:
Property represents a three-story multi-level industrial building comprising a total of approximately 75,872 square feet of gross building area. The improvements feature 10-16’ ceiling heights, with a freight elevator, and three overhead dock doors. There are also 65 parking spaces. The grade and 3rd levels generally consist of warehouse/industrial space, while the 2nd floor (approximately 33% of GBA) offers office/storage area. The improvements were constructed in 1947.
The facility is fully net leased to a single tenant, SOLID STATE, INC. and N.T.E. ELECTRONICS. The current lease commenced on January 1, 2022 and was for a ten-year term.
The overall site comprises a total approximately 2.08 acre lot. The site is located along Farrand Street in Bloomfield Township (Essex County) in the State of NJ. It is also worth noting that a small portion of the northern portion of the site is located within the Borough of Glen Ridge.property is located in Redevelopment Area.
Industrial- and Potential development
Location
Gallery
