看房可预约。请联系代理经纪人安排参观。
投资亮点：
拥有长期承租人承诺的安全现金流
•PSEG已经租赁了任何可用空间，六年内其占用率几乎翻了一番
•没有租册直到2023年；平均剩余租期为6.5年
•重大的PSEG资本投资，包括网络监控、材料试验设施、培训设施和实验室
•92%的租册都是资本充足的公开上市公司
最佳位置和通路
•两个转弯立即通往I-287，距离I-95大约5英里，距离花园州收费高速公路7英里
•距令人羡慕的I-287临街接近1/4英里
•生活/工作/娱乐环境：步行可到购物区、餐馆和酒店
灵活的布局迎合市场和未来
•目前16%的建筑覆盖率可用于未来的扩建或工业再开发
•矩形的单层设计可实现低损耗因数+全天候承租人通路
•市场最佳停车比率为5.4/1,000平方英尺，吸引具有强烈停车需求的承租人
投资概述：
40 Cragwood Road（“物业”）是100%出租的139,719平方英尺的单层建筑，位于新泽西州米德尔塞克斯郡南普兰菲尔德287号州际公路沿线的一个高度可见的20英亩的地块上。40 Cragwood Road目前租赁给四个承租人，其中包括公共服务企业集团（通常称为PSE＆G）的两家投资级别的子公司，占用该建筑物近73%的面积。
Property tours are available by appointment. Please contact the listing broker to schedule a tour.
Investment Highlights:
Secure Cash Flow With Long-Term Tenant Commitments
• PSEG has leased any space as it becomes available, nearly doubling their occupancy in six years
• No lease roll until 2023; average remaining lease term of 6.5 years
• Significant PSEG capital investment including, networking monitoring, materials testing facilities, training facilities, and laboratory
• 92% of rent roll is well-capitalized, public companies
Optimal Location and Access
• Two-turn immediate access to I-287, approximately 5 miles to I-95, and 7 miles to the Garden State Parkway
• Nearly a ¼ mile of coveted I-287 frontage
• Live/Work/Play environment: walkable to shopping, restaurants, and hotels
Flexible Layout Caters To The Market + Future
• Current building coverage ratio of 16% allows for future expansion or industrial redevelopment
• Rectangular single-story design produces a low loss factor + 24/7 tenant access
• Best-in-market parking ratio of 5.4 / 1,000 SF attracts tenants with intensive parking needs
Investment Overview:
40 Cragwood Road (the “Property”) is a 100% leased 139,719 SF single-story building is situated on a highly visible 20 acre parcel along Interstate 287 in South Plainfield, Middlesex County, New Jersey. 40 Cragwood Road is currently leased to four tenants, including two investment grade subsidiaries of Public Service Enterprise Group (commonly known as PSE&G) that occupy nearly 73% of the building. With an average tenant tenure of 7.2 years and a weighted average remaining lease term of 6.5 years; 40 Cragwood Road offers sticky tenants, steady cash flow, and an ability to aggressively finance the purchase. The Property offers two-turn access to I-287 (Exit 4), a 5.4/1,000 SF parking ratio, and a potential long-term redevelopment opportunity into industrial. This property will be auctioned on Tuesday, April 24 - Thursday, April 26 . The price displayed is the starting bid amount of $4,000,000. For information and to register to bid on this property, please visit Ten-X.com.
