Floutronics Pump Corp | 275 Morristown Rd
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Floutronics Pump Corp 275 Morristown Rd
8,636 SF 100% Leased Flex Building Gillette, NJ 07933 For Sale
EXECUTIVE SUMMARY
8,636 SF building with mezzanine office space
• Lot Size: 2.87 acres
• 2 loading docks (1 trailer high & 1 smaller height like a UPS truck)
• 2 restrooms + 1 decommissioned restroom
• Power is 240 amps; 3 phase
• Concrete flooring
• Building on stilts to prevent flooding
• Taxes (2023): $1.86 PSF
• Current tenant, Engineered Plastic Products, Inc., has a triple net lease (5-year term with 5-year option) paying $90,000 per year in rent.
• Lot Size: 2.87 acres
• 2 loading docks (1 trailer high & 1 smaller height like a UPS truck)
• 2 restrooms + 1 decommissioned restroom
• Power is 240 amps; 3 phase
• Concrete flooring
• Building on stilts to prevent flooding
• Taxes (2023): $1.86 PSF
• Current tenant, Engineered Plastic Products, Inc., has a triple net lease (5-year term with 5-year option) paying $90,000 per year in rent.
PROPERTY FACTS Under Contract
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Sale Leaseback | Year Built | 1992 |
| Property Type | Flex | Clear Ceiling Height | 20’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.87 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 8,636 SF |
| Sale Type | Investment |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 2.87 AC |
| Rentable Building Area | 8,636 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
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PROPERTY TAXES
| Parcel Number | 30-11203-0000-00009 | Improvements Assessment | $629,900 |
| Land Assessment | $119,400 | Total Assessment | $749,300 |
PROPERTY TAXES
Parcel Number
30-11203-0000-00009
Land Assessment
$119,400
Improvements Assessment
$629,900
Total Assessment
$749,300
ZONING
| Zoning Code | C |
| C |
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Floutronics Pump Corp | 275 Morristown Rd
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