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New Flex/Logistics Building Available
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181 Walter A Gaines Wy, Lawnside, NJ 08045

225,000 SF Class A building, delivery January 2025.

Space SizeContact for details
Property Size175,000 SF
Days on Market1126

Property Features for 181 Walter A Gaines Wy

General Information

Standard status Active
Size 175,000 SF
Class A
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 175,000 SF
Year Built 2023
Tenancy Single
Listing Agency: Vineland Construction
Listed By: Robert Powell · License #1324984
Source: Crexi
Added: Jul 24, 2023 Changed: Aug 14 Last Checked: Aug 21 at 5:04PM

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 Vineland Construction

Investment Insights

Based on property information with market context.

A new 225,000 square foot flex/logistics building is under construction and scheduled for delivery in January 2025. This Class A building features precast concrete construction and a 36-foot clear height. It offers heavy power, ample loading, and parking spaces for both cars and trailers. Located in the Historic Borough of Lawnside Business Park, this state-of-the-art flex and logistics park provides convenient highway access and is within walking distance of a train station. The property is situated directly across the street from a UPS distribution hub, with a FedEx hub less than 1.5 miles away. A PILOT program is available to help control operating expenses. The Business Park is an approved zone for cannabis cultivation and manufacturing, presenting potential business opportunities. There is an opportunity to customize the office and interior fit-out during the construction phase.

Key Highlights

  • New 225,000 SF Class A flex/logistics building with customization options, delivery January 2025.
  • Strategic location: walk to train, across from UPS hub, near FedEx hub, and great highway access.
  • PILOT program available, resulting in lower operating expenses.

Property Analytics

Current Use

Flex space

Lease Details

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08045, NJ

2,930
Population
1,288
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
2,093
Density / Sq Mi
$70,338
Median Household Income
$49,022
Median Earnings
$1,034
Median Rent
$215,100
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
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Frequently Asked Questions

What type of property is this?
Flex space - 225,000 SF Class A building, delivery January 2025.
Where is this flex space located?
The property is located at 181 Walter A Gaines Wy Lawnside, NJ.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: New 225,000 SF Class A flex/logistics building with customization options, delivery January 2025.; Strategic location: walk to train, across from UPS hub, near FedEx hub, and great highway access.; PILOT program available, resulting in lower operating expenses.
More about this property
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