Listing Agency: CBRE | Saddle Brook

Listed By: Brian Golden Show Phone

Source: Cbre

Added: Jul 16 Changed: Sep 12 Last Checked: Sep 14 at 5:05AM

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Investment Insights

Based on property information with market context.

A 171,128-square-foot industrial property is available for lease at 5-61 Bay Ave in Elizabeth, New Jersey. The facility is classified as a distribution center and offers warehouse-oriented commercial space for lease.

Key Highlights

• 171,128 SF available for lease
• Distribution center and warehouse property
• Located at 5‑61 Bay Ave, Elizabeth, NJ 07201

Property Analytics

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Current Use

Heineken USA Warehouse & Storage

Suggested Use

Top Pick Garden Center Carpet & Flooring Store Big Box & Wholesale Store Dental Office Grocery & Convenience Store Accounting Firm

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

110

Businesses Nearby

Explore this area Business Placement

Demographics for 07201, NJ

29,390

Population

10,404

Households

2.8

Avg Household Size

35

Median Age

15%

College-Educated

75%

High-School Grad

6.4 sq mi

ZIP Area

4,592

Density / Sq Mi

$62,026

Median Household Income

$33,092

Median Earnings

$1,476

Median Rent

$413,000

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

Questions? Ask Rey

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What type of property is this? Where is this distribution centers located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Distribution center - Industrial space available for lease in Elizabeth, New Jersey.

Where is this distribution center located?

The property is located at 5-61 Bay Avenue Elizabeth, NJ.

What are key features of this property?

This property features: 171,128 SF available for lease; Distribution center and warehouse property; Located at 5‑61 Bay Ave, Elizabeth, NJ 07201