

300 Thomas Ave #501
Industrial | 9.90% CAP | 7,900 SqFt
Marketing description
Positioned in the highly sought-after Cross Keys Airport Industrial Park, this exceptional income-producing property offers approximately 7,900 square feet of office, warehouse, and storage space with outstanding flexibility for investors, owner-users, or those seeking a combination of both. The main building encompasses approximately 5,000 square feet and features three private offices, three bathrooms, four 12-foot drive-in doors, and three separate warehouse bays, allowing for multiple tenancy configurations or owner occupancy. The largest warehouse space, located on the right side of the building, includes a private office and expansive open warehouse area and is currently vacant, providing an immediate opportunity for an owner-user or additional rental income. The remaining spaces within the main building are currently leased on month-to-month agreements. Complementing the main structure is a 1,600-square-foot hangar building located behind the property and a 300-square-foot storage container adjacent to the building, both of which are also leased on month-to-month terms. The property currently generates approximately $81,000 in annual income, with the vacant warehouse space historically renting for $3,500 per month, creating a projected annual income potential of approximately $123,000 when fully occupied. Served by on-site well and septic systems, the property benefits from low operating expenses, with annual expenses averaging approximately $15,782. Whether you're looking to expand your business operations, establish a headquarters with supplemental rental income, or add a versatile industrial asset to your investment portfolio, this rare offering presents a compelling opportunity in one of South Jersey's most desirable industrial locations. Schedule your private tour today!
Investment highlights
- Positioned in the highly sought-after Cross Keys Airport Industrial Park
- Approximately 7,900 square feet of office, warehouse, and storage space
- Outstanding flexibility for investors, owner-users, or combination of both
- Main building encompasses approximately 5,000 square feet
- Features three private offices, three bathrooms, four 12-foot drive-in doors, and three separate warehouse bays
- Largest warehouse space currently vacant - immediate opportunity for owner-user or additional rental income
- Remaining spaces leased on month-to-month agreements
- 1,600-square-foot hangar building located behind the property
- 300-square-foot storage container adjacent to the building
- Currently generates approximately $81,000 in annual income
- Projected annual income potential of approximately $123,000 when fully occupied
- Served by on-site well and septic systems
- Low operating expenses - annual expenses averaging approximately $15,782
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