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Property profile & analytics
FOR LEASE
Warehouses

60 Owens Dr Wayne, NJ 07470

41,700 SF 6.34 ac lot
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US59-1073253
Property summary
AI-generated overview

This exceptional 10,352-square-foot warehouse, located at 60 Owens Drive in Wayne, New Jersey, presents a significant opportunity for businesses seeking a single-tenant industrial space. The property boasts a flexible zoning designation, permitting warehousing, distribution, light manufacturing, or recreational uses, offering versatility for a wide range of operations. The warehouse features impressive ceiling heights ranging from 21 to 28 feet, providing ample vertical storage capacity and facilitating efficient material handling. Ample parking is available on-site, ensuring convenient access for employees and clients. The entire 10,352 square feet is currently vacant and immediately available for lease, making it an ideal solution for businesses needing quick occupancy. Situated in Passaic County, this strategically located warehouse offers easy access to major transportation arteries, streamlining logistics and distribution. The property's address is 60 Owens Drive, Wayne, NJ 07470. This is a single-tenant space, providing privacy and control over the entire facility. The building's size and features make it suitable for a variety of businesses seeking a functional and well-located industrial space in a thriving New Jersey market. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 41,700 SF
Lot 6.34 ac (276,170 SF)
APN 14 02800-0000-00014- 02
UPID US59-1073253
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KBA Physio Rehab LLC Physician
  • TruGreen Lawn Care Landscaping General Contractor
  • Jennifer Saidel Physician
  • Retro Fitness Gym & Fitness Center
  • High Mountain Sports & Spine Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.44M
Owner & transaction history
Egj Associates LLC · 20 yrs held
Egj Associates LLC
since 2006
3 recorded transactions
2022
Price N/A
2006
$1
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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