Industrial Truck Terminal
For Sale
Contact for pricing
700 Cedar Ave, Middlesex, NJ 08846
Industrial truck terminal in Middlesex with convenient access to major highways for regional and long-haul trucking.
Property Size14,000 SF
Price / SF$378.57
Days on Market194
Property Features for 700 Cedar Ave
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Industrial
Zoning
Industrial
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
2
Listing Agency:
Sheldon Gross Realty Inc
Listed By:
Jonathan Glick · License #NJ 8636982
(973) 325-6200
Source:
Crexi
Added: Apr 13
Changed: Oct 14
Last Checked: Oct 20 at 8:24PM
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 Sheldon Gross Realty Inc
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Investment Insights
Based on property information with market context.
700 Cedar Ave is a truck terminal and industrial warehouse property located in an established industrial corridor in Middlesex, New Jersey. The site is designed to support truck operations, with easy truck access and efficient local circulation.
Access from the property is supported by fast connections to I-287, Route 22, I-78, US-1/Route 18, and the New Jersey Turnpike (I-95), supporting practical regional and long-haul trucking throughout Central and North Jersey.
This offering is presented for sale and includes an industrial site suitable for logistics and distribution use within the truck-accessible corridor.
Access from the property is supported by fast connections to I-287, Route 22, I-78, US-1/Route 18, and the New Jersey Turnpike (I-95), supporting practical regional and long-haul trucking throughout Central and North Jersey.
This offering is presented for sale and includes an industrial site suitable for logistics and distribution use within the truck-accessible corridor.
Key Highlights
- Industrial truck terminal in Middlesex, NJ, located in an established industrial corridor.
- Easy truck access with efficient local circulation for smoother vehicle movement on site.
- Fast connections to I‑287, Route 22, I‑78, US‑1/Route 18, and the New Jersey Turnpike (I‑95) for regional and long‑haul trucking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,812
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,240
$3.8M
Cap Rate 7%
$2,725,886
$2.7M
Cap Rate 9%
$2,120,133
$2.1M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$238.6K $17.04/SF
− Vacancy
−$14.1K −$1.01/SF
EGI
$224.5K $16.03/SF
− OpEx
−$33.7K −$2.41/SF
NOI
$190.8K $13.63/SF
Area
Middlesex County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,240
Cap Rate 7%
$2,725,886
Cap Rate 9%
$2,120,133
Alternative Uses
Best Use
Warehouse
$2.73M
$2.39M – $3.18M
NOI $190,812 @ 7.0% cap · market cap 3.60%
Second Best
Industrial
$2.24M
$1.96M – $2.62M
NOI $157,139 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$3.66M
$3.20M – $4.26M
NOI $255,898 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 08846, NJ
14,636
Population
5,703
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
3.5 sq mi
ZIP Area
4,182
Density / Sq Mi
$107,063
Median Household Income
$58,140
Median Earnings
$1,493
Median Rent
$414,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Truck terminal - Industrial truck terminal in Middlesex with convenient access to major highways for regional and long-haul trucking.
Where is this truck terminal located?
The property is located at 700 Cedar Ave Middlesex, NJ.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: Industrial truck terminal in Middlesex, NJ, located in an established industrial corridor.; Easy truck access with efficient local circulation for smoother vehicle movement on site.; Fast connections to I‑287, Route 22, I‑78, US‑1/Route 18, and the New Jersey Turnpike (I‑95) for regional and long‑haul trucking.
