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Warehouse with Loading Bays
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16 Park Drive, Franklin, NJ 07416

Fully leased industrial facility with I-2 Medium Industrial zoning and multiple loading options.

Property Size61,000 SF
Lot Size3.02 Acres
Days on Market142

Property Features for 16 Park Drive

General Information

Standard status Active
Size 61,000 SF
Lot size 3.02 Acres
Property subtype Industrial
Zoning I-2
Occupancy 100%

Warehouse & Industrial

Clear Height 31 ft
Dock-High Doors 9
Drive-In Doors 1
Listing Agency: HALO Realty
Listed By: Jose Chavez · License #2076184
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 1:33PM

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 HALO Realty

Investment Insights

Based on property information with market context.

Located at 16 Park Drive in Franklin, New Jersey, this 61,000 SF warehouse occupies 3.02 acres and is fully leased. The building includes 9 loading bays, 1 drive-in door, and 31-foot clear height, providing a functional configuration for industrial operations and distribution uses.

The property is zoned I-2 Medium Industrial. Existing lease commitments extend through 2029, providing an established occupancy profile for the asset.

Key Highlights

  • 61,000 SF industrial warehouse on 3.02 acres
  • Fully leased with lease commitments extending through 2029
  • 9 loading bays and 1 drive‑in door

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31 ft
Clear height
9
Dock-high doors
1
Drive-in doors
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07416, NJ

5,615
Population
2,837
Households
2
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
460
Density / Sq Mi
$90,869
Median Household Income
$50,978
Median Earnings
$1,346
Median Rent
$263,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Moove In Self Storage 178 N Church Rd, Franklin, NJ 07416

Frequently Asked Questions

What type of property is this?
Warehouse - Fully leased industrial facility with I-2 Medium Industrial zoning and multiple loading options.
Where is this warehouse located?
The property is located at 16 Park Drive Franklin, NJ.
What are key features of this property?
This property features: 61,000 SF industrial warehouse on 3.02 acres; Fully leased with lease commitments extending through 2029; 9 loading bays and 1 drive‑in door
More about this property
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