9AC Industrial/IOS Redevelopment Opportunity
Industrial | 33,628 SqFt
Marketing description
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to exclusively present for sale a 33,628 square foot property situated on 9.01 acres of land. The facility currently includes a small freezer, cooler, lab and office components, in addition to warehouse. This centrally located New Jersey industrial legacy asset has 22' clearss throughout and minimal column obstructions. There are three exterior tailgate loading docks and ample outdoor storage space. This offering presents a unique opportunity to redevelop +/-9AC into new Class A Industrial or an low coverage IOS site. The property is located less than a mile from Interstate 287 with ease of access to Interstate 95, Newark Liberty International Airport and Port Newark.
South Plainfield is a borough in northern Middlesex County, New Jersey, located within the Raritan Valley region of the New York metropolitan area. As of the 2020 U.S. Census, the population was 24,338, marking its highest decennial count to date. As of 2022, South Plainfield had a population of 24,273 with a median age of 41.8 years. The median household income was $123,417, and the median property value was $417,300. The borough boasts a high homeownership rate of 85.4%. The ethnic composition includes 49% non-Hispanic White, 17% non-Hispanic Asian, and 11.4% non-Hispanic Black or African American residents. Data USA. South Plainfield has a rich industrial history, with early 20th-century manufacturing companies contributing to its prosperity. Today, the borough continues to support a diverse economy, providing various employment opportunities for its residents.
The borough is well-connected by roadways, with Interstate 287 passing through the southern area and providing access to the New Jersey Turnpike via Edison. Major county roads include CR 501 (New Durham Road), CR 529 (Stelton Road), and CR 531 (Park Avenue), facilitating travel within and beyond the borough.
Investment highlights
INVESTMENT HIGHLIGHTS
Industrial redevelopment opportunity.
Industrial Warehouse, Freezer & Cold Storage, Office & IOS onsite.
Strong Industrial Submarket Demo's.
24.6' foot clear ceilings
3 exterior tailgate loading docks
1 grade-level interior garage with in floor scale
Concrete block over steel frame
10' ft reinforced concrete floor
Column Spacing - 25'w x 25'd
2,000 amps / 480 volts
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