Single-Tenant Manufacturing
1201 S WADE BLVD, Millville, NJ 08332
For Sale
Contact for pricing
New industrial construction with an NNN lease, substantial loading capacity, and expansion acreage.
Property Size66,900 SF
Price / SF$119.58
Days on Market108
Property Features for 1201 S WADE BLVD
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Additional Details
Highway Access
Building Details
Year Built
Buildings
Units
Tenancy
Building Size
Listing Agency:
Colliers - Conshohocken, Pennsylvania
Listed By:
Carl Neilson
Source:
Crexi
Added: Jul 30
Changed: Nov 9
Last Checked: Nov 12 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Conshohocken, Pennsylvania
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Investment Insights
Based on property information with market context.
Built in 2026, this 66,900-square-foot manufacturing facility is configured as a single-tenant industrial building with 23 feet of clear height, 15 platform docks, and 4 drive-in doors. The property is 100% occupied under an NNN lease with a ten-year term and three options. Expansion acreage is included, and Kamps, Inc. is consolidating three other properties into the facility. Tenant occupancy is scheduled for the summer of 2026.
The property is located in Millville, New Jersey, approximately 1.5 miles from the Route 55 interchange with East Main Street. It is zoned Business Enterprise Zone and provides access to multiple major highways. The building is designed for manufacturing and warehouse operations, with loading infrastructure suited to industrial use.
The property is located in Millville, New Jersey, approximately 1.5 miles from the Route 55 interchange with East Main Street. It is zoned Business Enterprise Zone and provides access to multiple major highways. The building is designed for manufacturing and warehouse operations, with loading infrastructure suited to industrial use.
Key Highlights
- 66,900‑square‑foot single‑tenant manufacturing and warehouse facility
- Built in 2026 with 23’ clear height
- 15 platform docks and 4 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$469,307
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,386,140
$9.4M
Cap Rate 7%
$6,704,386
$6.7M
Cap Rate 9%
$5,214,522
$5.2M
Market Conditions
NOI Build-Up for 66,900 SF
Gross rent
$602.1K $9.00/SF
− Vacancy
−$50.0K −$0.75/SF
EGI
$552.1K $8.25/SF
− OpEx
−$82.8K −$1.24/SF
NOI
$469.3K $7.02/SF
Area
Cumberland County, NJ
Vacancy
8.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,386,140
Cap Rate 7%
$6,704,386
Cap Rate 9%
$5,214,522
Alternative Uses
Best Use
Warehouse
$6.70M
$5.87M – $7.82M
NOI $469,307 @ 7.0% cap · market cap 5.87%
Second Best
Industrial
$5.59M
$4.89M – $6.52M
NOI $391,124 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$13.39M
$11.72M – $15.62M
NOI $937,319 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
23 ft
Clear height
15
Dock-high doors
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 08332, NJ
35,396
Population
15,063
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
104.5 sq mi
ZIP Area
339
Density / Sq Mi
$65,825
Median Household Income
$39,595
Median Earnings
$1,223
Median Rent
$195,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - New industrial construction with an NNN lease, substantial loading capacity, and expansion acreage.
Where is this manufacturing property located?
The property is located at 1201 S WADE BLVD Millville, NJ.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 66,900‑square‑foot single‑tenant manufacturing and warehouse facility; Built in 2026 with 23’ clear height; 15 platform docks and 4 drive‑in doors
