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612 Gravelly Hollow Rd Medford, NJ 08055

Sponsored
For Sale
$1,650,000

16,542 SF Flex/Warehouse, Multi-Tenant, High ROI

Property size:
16,542 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 16,542-square-foot industrial property, located at 612 Gravelly Hollow Road in Medford, New Jersey (08055), presents a compelling investment opportunity for owner-users or investors. The property, encompassing a single, one-story building, features a flexible layout ideal for a variety of uses. Currently operating at 80% occupancy with four tenants under a NNN lease structure, this multi-tenant property offers significant income potential. Recent renovations in 2023 included new windows, doors, HVAC systems, and a complete roof replacement. The building boasts ceiling heights ranging from 10 to 15 feet, providing ample vertical space. Loading and access are facilitated by one loading dock and one dock-high door. The property is zoned PI and allows for rent bumps. With a net rentable area of 7,000 square feet and five total units, this property offers a unique blend of income generation and potential for expansion or customization. The asking price is $1,650,000. This is a rare opportunity to acquire a well-maintained, recently renovated industrial property in a desirable New Jersey location. Don't miss out on this chance to secure a strong investment with immediate income potential.

Property Features for 612 Gravelly Hollow Rd

General Information

Property type
Distribution properties
Square Feet
16,542 SF

Building Details

Year Renovated
2023
Buildings
1
Stories
1
Units
5

Property Profile Location Intelligence

Current Use by Public Records

Scientific Plasma, LLC Manufacturer HammerDown PowderCoating & Designs Powder Coating Service

Suggested Use

Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Medford
County
Burlington
State
New Jersey
Longitude
-74.827400685792
Latitude
39.849422621713

FAQs

What type of property is this?
Distribution property - 16,542 SF Flex/Warehouse, Multi-Tenant, High ROI
Where is this distribution property located?
The property is located at 612 Gravelly Hollow Rd Medford, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
More about this property
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