1100 Negron Drive
New Construction Shallow Bay Asset at Exit 7A
Marketing description
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 1100 Negron Drive, Hamilton, New Jersey 08691 for sale. This 40,500 SF asset is 100% leased to Pickleball Kingdom with initial lease term through May 2035. The property was purpose-built as a shallow-bay industrial asset that is divisible up to 15 suites, all with dedicated drive-in doors and 25’11” clear heights. The site is ideally located in the Horizon Center Business Park, 0.6 miles to I-195 and 2.3 miles to exit 7A on the New Jersey Turnpike.
Pickleball Kingdom is a membership-based pickleball club with 14 courts, one training area, and locker rooms for their members. The business offers hourly court rentals, event rentals, equipment rentals, training, and a dedicated pro shop, diversifying income streams for the business. Pickleball Kingdom at 1100 Negron Drive was the first franchise location in New Jersey and the concept has grown significantly in recent years with over 350 franchises already awarded and a recently announced international expansion.
1100 Negron Drive benefits from superior accessibility and nearby demographics, with an average annual household income of $141,074 within 3 miles and 47.6% of residents within the same radius holding at least a bachelor’s degree.
Investment highlights
Superior Physical Asset Qualities
Tenant Business Meets Growing Industry Demand
Beneficial Turnpike-Adjacent Location
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