114 Tived Lane East, Edison, NJ
PRIME INDUSTRIAL INVESTOR OR USER OPPORTUNITY FEATURING $10M+ IN CAPITAL INVESTMENTS
Marketing description
114 Tived Lane East in Edison, New Jersey is a premier industrial asset strategically located in one of the top logistics and distribution hubs in the state.
114 Tived Lane East totals ±270,000 SF providing versatility for a range of logistics, distribution, and manufacturing uses. Ownership has recently invested over $10 million into the Property, implementing significant upgrades that enhance energy efficiency, safety, and operational reliability.
Nestled between the Garden State Parkway (Interstate-95) and Interstate-287, 114 Tived Lane East offers seamless connectivity to major transportation routes serving New York City, Philadelphia, and the broader Northeast market. The Property is approximately 25 miles from the Port of New York/New Jersey and 22 miles from Newark Liberty International Airport, ensuring exceptional logistics capabilities.
Investment highlights
Prime Location - within minutes of major highways and is strategically positioned to serve the Northeast distribution network efficiently.
Booming Industrial Market - Since 2018, average asking rents in the Exit 10 Industrial Submarket have increased 56%, or more than 8% per annum.
Clear Heights - Up to 26 feet, allowing for diverse storage and distribution configurations.
$10M+ of Recent Capital Investment which include new TPO roof installed in 2016, ESFR sprinkler system (2022), high-efficiency LED lighting system (2023), diesel backup generators and upgraded electrical wiring (2016).
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