

Lackawanna Plaza
Fully Renovated 12 Unit Industrial Flex Investment
Marketing description
Garden State Realty is pleased to present the premier investment opportunity in Hackettstown, New Jersey. The ±39,000 SF Lackawanna Plaza flex/industrial park is a newly renovated 13 Unit multi-tenant facility with units ranging from 1,350 SF to 5,500 SF.
Eleven of the twelve 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.
Investment highlights
Professional Triple Net Leases in place for all Tenants
Low maintenance
Minimal management costs
Newly installed building systems with warranties
Smaller size, in-demand units with diversified income
Flexible zoning permits warehousing, manufacturing, R&D, office, recreation and more
Business friendly municipality
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