www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28740661
28740662

1100 Negron Dr, Hamilton Township, NJ 08691

JS
NJ NJ 1969050
Cushman & Wakefield - Morristown, New Jersey
DB
NJ 2189189
Cushman & Wakefield - Morristown, New Jersey
AB
NJ2185253
Cushman & Wakefield - Morristown, New Jersey
Cushman & Wakefield - Morristown, New Jersey
Listed by Cushman & Wakefield - Morristown, New Jersey
Unpriced
146 days on market
Updated 1 day ago

1100 Negron Drive

Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 40,500
Units 15
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 11
Lease Expiration 05/31/2035
Remaining Term 9
Rent Bumps Yes
Lease Options Two 5-Year
Class A
Year Built 2024
Buildings 1
Stories 1
Acreage 5.260
Zoning RD - Research Development
Parking Spaces 108 spaces
Parking Per SqFt 2.67
Investment Type Net Lease
Lease Commencement 06/01/2024
Ground Lease No
Ceiling Height 25'11"
Loading Docks 15
Ownership Fee

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

  1. Superior Physical Asset Qualities

  2. Tenant Business Meets Growing Industry Demand

  3. Beneficial Turnpike-Adjacent Location

Listing Contacts

JS
NJ NJ 1969050
Cushman & Wakefield - Morristown, New Jersey
DB
NJ 2189189
Cushman & Wakefield - Morristown, New Jersey
AB
NJ2185253
Cushman & Wakefield - Morristown, New Jersey
Cushman & Wakefield - Morristown, New Jersey
Listed by Cushman & Wakefield - Morristown, New Jersey

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jordan Sobel
License
NJ 1969050
Brokerage Phone
9084204665
Name
Dan Bottiglieri
License
2189189
Brokerage
Cushman & Wakefield
Brokerage Phone
7324391919
Title
Senior Associate - Investment Sales
Brokerage Address
1150 Headquarters Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591