Property summary
This exceptional industrial property, located at 242 Oak Grove Rd, Woolwich Township, NJ 08085, offers a substantial 243,508 square feet of warehouse and distribution space. The single-tenant building sits on a generous 27.44-acre lot, providing ample room for operations and future expansion. The warehouse boasts a 40-foot ceiling height, ideal for high-volume storage and efficient material handling. Loading and unloading are facilitated by 57 dock-high doors and 2 drive-in doors, ensuring smooth and efficient logistics. The property is equipped with robust 6000-amp power, capable of supporting demanding operational needs. Its strategic location in Gloucester County offers unparalleled access to major transportation arteries, including convenient proximity to Exit 2 of the New Jersey Turnpike and Exit 11 of I-295. Currently, negotiations are underway for a long-term PILOT (Payment In Lieu Of Taxes) agreement, presenting a significant financial advantage for the prospective owner or tenant. This property represents a rare opportunity to acquire a state-of-the-art warehouse facility in a highly desirable location, offering significant potential for long-term growth and profitability. The property is classified as industrial, with a warehouse and distribution subtype.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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