Property summary
Exceptional investment opportunity: a fully approved, 86,550-square-foot flex warehouse development in Mantua Township, New Jersey. This Class A property, situated on 10.4 acres, comprises six buildings offering a blend of 77,860 square feet of flex space and 8,690 square feet of office space. Currently 100% occupied, the property boasts 30-foot ceiling heights, ideal for various uses including mini-warehousing, storage, and contractor storage facilities. Ample parking is provided with 123 spaces, including provisions for electric vehicles and handicapped accessibility. Each unit features a convenient drive-in bay. The property's strategic location offers easy access to major roadways such as Routes 195, 95, 295, 33, 9, 18, and Monmouth Road, ensuring excellent logistical advantages. The asking price is $3,900,000, translating to $45 per square foot. This multi-tenant property presents a strong return on investment with its current occupancy and prime location. Final non-appealable approvals are in place, minimizing future development risks.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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