2 Dedrick Pl West Caldwell, NJ 07006
For Lease
This exceptional 82,590-square-foot flex space property presents a unique investment opportunity. Situated on a 6.87-acre lot in Essex County, this single-tenant building offers a versatile layout ideal for various industrial uses. The property boasts 29,571 square feet of office space, complemented by a substantial 48,653-square-foot refrigerated warehouse, maintaining temperatures between 36° and 58°F. An additional 1,820 square feet of mezzanine warehouse space provides extra storage or operational area. The warehouse features a generous ceiling height of 27 feet and a column spacing of 40 feet by 40 feet, maximizing efficiency and flexibility. Loading is facilitated by 16 loading docks, ensuring smooth and efficient operations. Ample parking is available with 108 car spaces and 18 trailer spaces. The property enjoys a prime location just off Interstate 80 at Exit 52 and Route 46, within an established industrial park. This strategic location offers easy access to major transportation routes and places the property in close proximity to reputable corporate neighbors including Pella Windows, Toyota, Ricoh, Lohmann Therapy, and Vitaquest. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize and optimize the space to their specific needs. This is a rare opportunity to acquire a substantial, well-located industrial flex space property with significant potential.
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RLB Food Enterprises Inc Big Box & Wholesale Store Food Market
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FreshPro Big Box & Wholesale Store
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FreshPro Food Distributors Distribution Center Logistics Company
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American Legal Copying & Services (Bike/Boat/Book/etc) Store Printing Service
M-2 LIMITED INDUSTRY AND RESEARCH LABORATORY DISTRICT. § 20-14.1 Permitted Principal Uses. [ Ord. No. 890 § 20-14.1] a. Offices for executive, professional, scientific, engineering or administrative purposes; and b. Scientific, engineering or research laboratories devoted to research, design or processing and fabricating incidental thereto; and limited indus…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · West Caldwell, NJM-2 LIMITED INDUSTRY AND RESEARCH LABORATORY DISTRICT. § 20-14.1 Permitted Principal Uses. [ Ord. No. 890 § 20-14.1] a. Offices for executive, professional, scientific, engineering or administrative purposes; and b. Scientific, engineering or research laboratories devoted to research, design or processing and fabricating incidental thereto; and limited industry.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.