212-945-8984
500 Corporate Dr, Mahwah, NJ for Rent

Flex - For Rent
1/6
38,500 SF | 1 Space

500 Corporate Dr
Mahwah, NJ 07430


HIGHLIGHTS

  • Close to Route 17
  • 1.5 miles from Interchange Routes 17/287 & 87
  • Near Fedex & UPS hubs
  • Few miles from the New York/New Jersey border

OVERVIEW

The property is located at 500 Corporate Drive in Mahwah, NJ, approximately 30 miles Northeast of NYC, and a little over 2 miles away from the NY/NJ Border. The zip code is 07430, is in the market of Northern New Jersey, and the submarket of North 17 Corridor. This property, consisting of 38,500 SF of warehouse and office area, was built in 1977 and has one tenant, LSC Communications, occupying the whole building. The street that this property is located on is filled with large office and industrial buildings. Most notably, an 84,280 square-foot manufacturing facility located at 800 Corporate Drive sold in August 2021 for $15,600,000 ($185/SF) and is now in contract to be sold for $20,000,000 ($237/SF), less than one year later. Similarly, 10 Industrial Avenue, a 63,000 square foot industrial location, sold for $14,650,000 ($233/SF) in December 2021. With a population of 113,315 people, a median age of 41 years old with an average household income of $158,838, and a median home value of $602,624, Mahwah is classified as a growing community with well situated real estate. This opportunity gives the sponsors access to a booming market at a price below market with a reputable tenant occupying the entire property.

RENTAL DETAILS

SPACE AVAILABLE

38,500 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

38,500 SF

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

65

LAND DETAILS

LAND ACRES

5.7 AC

LAND SF

248,292 SF

ZONING

IP-120

ASK ABOUT THIS PROPERTY

Jeff GeogheganKassin Sabbagh RealtyMore Info
212-945-8984

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Jeff GeogheganKassin Sabbagh RealtyMore Info
212-945-8984

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