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Warehouse

Industrial/Warehouse - 25,976 SF

83 Irons St, Toms River, NJ 08753

Starting Bid: $1

Gross SF
25,976
Lot Size
1.59 acres
Year Built
1970
Rentable SF
25,976
Auction Type
Reserve
Auction Start Date
Apr 7, 2025
Auction End Date
Apr 9, 2025

Investment Overview

Marcus & Millichap is pleased to exclusively present 83 Irons Street, Toms River, Ocean County, New Jersey.

Investment Highlights

  • The Subject Property is a Complex of Five Office and Industrial Buildings Containing a Total area of 25,976 Square Feet.
  • Property is Situated on a Triangular Parcel of 1.59 Acres
  • Land to Building Ratio is 2.66:1 with a lot Coverage of 37.5%
  • Property has Strong Accessibility with the Garden State Parkway, Route 37 and Route 9 all Within Two Miles
  • Property is Fully Occupied with Nine Tenants, all on Gross Leases with Short Term Leases or Month to Month Agreements
  • Net Income of $100,862 per Year, Approximately $4.20 Per Square Foot in Net Rents
  • Current Property Taxes are $42,369
  • Property can Work Well with an Investor Looking for an Investment with Immediate Upside in Rents or a Potential User

Exclusively Listed By

Warehouse

Industrial/Warehouse - 25,976 SF

Starting Bid: $1

Gross SF
25,976
Lot Size
1.59 acres
Year Built
1970
Rentable SF
25,976
Auction Type
Reserve
Auction Start Date
Apr 7, 2025
Auction End Date
Apr 9, 2025

Investment Highlights

  • The Subject Property is a Complex of Five Office and Industrial Buildings Containing a Total area of 25,976 Square Feet.
  • Property is Situated on a Triangular Parcel of 1.59 Acres
  • Land to Building Ratio is 2.66:1 with a lot Coverage of 37.5%
  • Property has Strong Accessibility with the Garden State Parkway, Route 37 and Route 9 all Within Two Miles
  • Property is Fully Occupied with Nine Tenants, all on Gross Leases with Short Term Leases or Month to Month Agreements
  • Net Income of $100,862 per Year, Approximately $4.20 Per Square Foot in Net Rents
  • Current Property Taxes are $42,369
  • Property can Work Well with an Investor Looking for an Investment with Immediate Upside in Rents or a Potential User

Investment Overview

Marcus & Millichap is pleased to exclusively present 83 Irons Street, Toms River, Ocean County, New Jersey.

Exclusively Listed By

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