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    Industrial Property with Office Space Title is generated by Realmo AI

    3620 Quakerbridge Rd, Hamilton Township, NJ 08619

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    35,154 SF industrial property with office and production space.

    Type:Industrial
    Property size:
    35,154 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $333/SF
    Added:
    Aug 8, 2024
    Days on Market:
    699
    Last Refresh:
    Jul 4 at 11:05 am

    Property Features for 3620 Quakerbridge Rd

    General Information

    Standard status
    Active
    Size
    35,154 SF
    Lot size
    3.50 Acres
    Property subtype
    Industrial

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    Jerry Fennelly
    Jerry Fennelly

    Listing office Fennelly Associates, Inc

    Listing date Aug 8, 2024

    Source Crexi

    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 Fennelly Associates, Inc

    HighLights

    • Investment Property with a 7 Year 6 Month Lease
    • 35,154 SF Building with 10,000 SF of Office/Production Space on 3.5 Acres
    • Convenient location with easy access to Route 1, I‑295, and the NJ Turnpike
    • Benefit from a 33’6” Clear Ceiling Height
    • Temperature Controlled environment
    • Includes Three Loading Docks

    Overview

    This 35,154 square foot industrial property includes 10,000 square feet of office and production space, situated on 3.5 acres. The property features a 33'6" clear ceiling height and 35x35 column spacing. It is equipped with three loading docks and one drive-in door. The building is fully sprinklered and temperature controlled. Zoned for industrial use, the property offers convenient access to Route 1, I-295, and the New Jersey Turnpike. It is currently an investment property with an existing lease of 7 years and 6 months.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.01M $28.80
    − Vacancy −$81.0k −$2.30
    EGI $931.4k $26.50
    − OpEx −$139.7k −$3.97
    NOI $791.7k $22.52
    35,154 SF · lease $28.80/SF/yr · vacancy 8.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $11.31M
    $9.90M – $13.20M (±1% cap)
    NOI $791,724 @ 7.0% cap · market cap 6.75%
    Second Best
    Industrial
    $9.40M
    $8.22M – $10.96M (±1% cap)
    NOI $657,678 @ 7.0% cap · market cap 5.61%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Similar Places Nearby

    • Extra Space Storage 3600 Quakerbridge Rd, Trenton, NJ 08619
    • Life Storage 3540 Quakerbridge Rd, Trenton, NJ 08619
    • Princeton Moving & Storage Trenton, NJ 08619

    Map

    City
    Hamilton Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6936
    Latitude
    40.2417

    FAQs

    What type of property is this?
    Warehouse - 35,154 SF industrial property with office and production space.
    Where is this warehouse located?
    The property is located at 3620 Quakerbridge Rd Hamilton Township, NJ.
    What is the asking price?
    The asking price for this property is $11,725,000.
    What are key features of this property?
    This property features: Investment Property with a 7 Year 6 Month Lease; 35,154 SF Building with 10,000 SF of Office/Production Space on 3.5 Acres; Convenient location with easy access to Route 1, I‑295, and the NJ Turnpike
    More about this property
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