47 Commerce Dr - Light Distribution FOR SALE


Cranbury, NJ 08512
$11,500,000 USD
848-278-7835
47 Commerce Dr, Cranbury, NJ for Sale
$11,500,000 USD
Light Distribution - FOR SALE
1/29
null | Request Cap Rate

47 Commerce Dr
Cranbury, NJ 08512


HIGHLIGHTS

  • The building sports 18’ Ceilings; 40’ x 40’ column spacing, 1 Drive-in, and 2 External Loading Docks.
  • The property, conveniently located ¼ mile from NJ Turnpike Exit 8A, features natural gas, and city water & sewer.
  • The roof was replaced in 2020 with a TPO membrane featuring heat-welded seams.
  • The front offices are served by five Carrier HVAC units, replaced in 2019, and one Carrier unit in the rear office.

OVERVIEW

47 Commerce Drive in Cranbury, New Jersey, is a commercial property comprising a 43,500-square-foot building situated on an 8.65-acre lot. Notable tenants at this location have included Lumiko USA Inc., a company specializing in innovative lighting solutions for various industries. Cranbury is situated approximately equidistant between New York City and Philadelphia, contributing to its role as a regional historical, cultural, and commercial hub in Central New Jersey. The township encompasses about 13.4 square miles and is bordered by South Brunswick, Monroe, Plainsboro, and East Windsor.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

70

LAND DETAILS

LAND ACRES

8.66

LAND SF

377,230

ZONING

I-3

APN/PARCEL ID

21-00007-0000-00013-0831

ASK ABOUT THIS PROPERTY

Gerard 'Jerry' FennellyFennelly Associates, Inc.More Info
848-278-7835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gerard 'Jerry' FennellyFennelly Associates, Inc.More Info
848-278-7835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.