240 Cir N Dr Piscataway, NJ 08854-3705
This exceptional 75,000-square-foot Class B warehouse, built in 1983, offers multiple tenancy options in the desirable Piscataway submarket. Currently, 29,500 square feet of vacant space is immediately available for occupancy in October 2023. Units range from a minimum of 24,500 square feet to a maximum contiguous space of 33,500 square feet. The property boasts impressive features including 17-foot ceilings, providing ample vertical storage capacity. Loading and unloading are facilitated by two dock-high doors and one drive-in door. The building is equipped with heavy power, catering to businesses with significant energy demands. While there are no elevators, the expansive layout and convenient access points ensure efficient operations. The property is zoned LI-5 and situated within Middlesex County. Ample parking is available, accommodating 100-200 vehicles. Adding to its appeal, 1,000 to 6,000 square feet of adjacent office space is also available, providing flexibility for various business needs. This former corporate headquarters benefits from its location in an established industrial park setting, reflecting a low 2% vacancy rate in the immediate area. This presents a rare opportunity to secure prime warehouse space in a thriving market.
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CableGal.net Factory Production Facility
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
LI5 · Piscataway, NJCosts & 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.