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Spacious Warehouse in Penns Grove

23 Forest Ln, Penns Grove, NJ 08069

For Lease
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596,443 SF warehouse with ample parking available now.

Space Size596,443 SF
Days on Market925

Property Features for 23 Forest Ln

General Information

Standard status Active
Size 596,443 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 23 Forest Ln
Building B AVAILABLE, Now
Floor Bldg
Size 596,443 SF
Type INDUSTRIAL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Total Building Size: 596,443 SF - Building Dimensions: 1,230' x 495' - Office: 2,500 SF - Ceiling Height: 40' - Column Spacing: 50' x 54' - Speed Bay Size: 60' - Dock Doors: 127(9' x 10) - Drive-in Doors: 4 - Car Parking: 363 spaces - Trailer Parking: 122 spaces - Sprinkler: ESFR - Power: 2,500a at 480v/3-phase - Available Now
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Listing Agency: CBRE | Saddle Brook
Listed By: Thomas " Tom" Monahan
Source: Moodyscre
Added: May 2, 2024 Changed: Oct 25 Last Checked: Nov 10 at 9:43AM

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 CBRE | Saddle Brook

Rey
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Investment Insights

Based on property information with market context.

This warehouse property, located in Penns Grove, NJ, offers a total building size of 596,443 square feet. The building dimensions are 1,230 feet by 495 feet, with 2,500 square feet dedicated to office space. It features a 40-foot ceiling height and column spacing of 50 feet by 54 feet, along with a 60-foot speed bay size. The property is equipped with 127 dock doors (9' x 10') and 4 drive-in doors. Parking includes 363 car spaces and 122 trailer spaces. The building is equipped with an ESFR sprinkler system and has a power supply of 2,500 amps at 480 volts/3-phase. The property is available now.

Key Highlights

  • Large Building Size: 596,443 SF total building size provides ample space.
  • High Ceiling Height: 40' ceiling height accommodates diverse needs.
  • Abundant Dock Doors: 127 dock doors (9' x 10') facilitate efficient loading.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Electrical Service Plumbing Service Storage Facility Grocery & Convenience Store Garden Center Big Box & Wholesale 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 08069, NJ

13,325
Population
5,838
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
15.9 sq mi
ZIP Area
838
Density / Sq Mi
$68,397
Median Household Income
$38,156
Median Earnings
$1,221
Median Rent
$184,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Omni Logistics — Carneys Point Township, NJ 08069

Frequently Asked Questions

What type of property is this?
Warehouse - 596,443 SF warehouse with ample parking available now.
Where is this warehouse located?
The property is located at 23 Forest Ln Penns Grove, NJ.
What are key features of this property?
This property features: Large Building Size: 596,443 SF total building size provides ample space.; High Ceiling Height: 40' ceiling height accommodates diverse needs.; Abundant Dock Doors: 127 dock doors (9' x 10') facilitate efficient loading.
(973) 568-6614 · Office Call to check price and availability
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