Canale Dr Egg Harbor Township, NJ 08234
- Warehouses
- 36,000 SF
Current Use by Public Records
- Warehouses
Property Details for 0 Canale Dr
- Property size
- 36,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Class A industrial property, located in the thriving Egg Harbor Industrial Park in Atlantic County, NJ, offers 36,000 square feet of versatile space ideal for manufacturing, warehousing, and distribution. Currently under development with anticipated completion by March 2025, this single-tenant building features a 0.69-acre lot and boasts impressive 32-foot ceilings. The property is strategically positioned for easy access to major transportation arteries, including the Atlantic City Expressway and Garden State Parkway, providing seamless distribution throughout New Jersey and beyond to markets in Wilmington, DE, and Philadelphia, PA. Half of the building is already pre-leased to a reputable national tenant, providing immediate return on investment for owner-users or investors. The remaining 18,000 square feet is available for sale or lease. The building can be delivered with up to 4,000 AMPS of power, and the seller offers construction financing options. The asking sale price is $275 per square foot, totaling $9,900,000, and the asking lease rate is $18 per square foot annually ($1.50 per square foot monthly), totaling $27,000 plus NNN charges monthly. This property is suitable for a variety of industrial uses, including cold storage, dry storage, and is primed for cannabis licensing. The building can be delivered as a turnkey build-to-suit solution or as a white box facility with new HVAC and all utilities in place. This is a unique opportunity to acquire a state-of-the-art industrial facility in a prime location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Egg Harbor Township
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5585
- Latitude
- 39.4214
