973-771-9548
700 Grand Ave, Hackettstown, NJ for Sale
Warehouse - FOR SALE
1/11
null | Request Cap Rate

700 Grand Ave
Hackettstown, NJ 07840


HIGHLIGHTS

  • Interior and exterior completely renovated in 2022-2023
  • Professional Triple Net Leases in place for all Tenants
  • 13 In-demand units with diversified income
  • Flexible zoning permits warehousing, manufacturing, R&D, office, recreation and more

OVERVIEW

The ±39,000 SF Lackawanna Plaza flex/industrial park is a newly renovated 13 Unit multi-tenant facility with units ranging from 1,600 SF to 5,500 SF. Eleven of the thirteen units are first floor industrial/flex spaces with independent drive-in or tailgate loading. The single second floor unit is a fully Leased, elevator serviced flex/office unit of ±5,500 SF. All units include new HVAC systems servicing office and warehouse areas with both heating and air conditioning coupled with all new roofs and energy efficient insulated ceiling systems. New office and restroom buildouts are included for each unit along with a utility sink in every warehouse. Electrical service upgrades include new breaker panels, wiring, and either 200 Amps @ 240V (buildings 1&2) or 200 Amps @ 208V (building 3) – all separately metered for each Tenant. Substantial upgrades have been completed for Water, Sewer and Gas utilities and are all separately metered. The newly installed parking lot includes 71 spaces providing ample parking to support the site. The site offers attractive curb appeal which has been completed with a new brick façade, new sod lawn and landscaping throughout, pedestrian walkways and covered entries. Offering Memorandum available upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

UTILITIES

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

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

10

PARKING SPACES

71

LAND DETAILS

LAND ACRES

4.2

LAND SF

182,952

ZONING

LM

APN/PARCEL ID

08-00108-0000-00001

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Derek GeeGarden State RealtyMore Info
973-771-9548

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Derek GeeGarden State RealtyMore Info
973-771-9548

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