409 Hazel Avenue, Ewing Township, NJ 08638 For Sale

Investment Highlights

• Rare owner/user or investor opportunity in Ewing Township's IP-3 (Industrial Park) zone, surrounded by a mix of industrial and residential uses that supports a wide range of flexible business applications
• Delivered vacant at closing — immediate occupancy for an end user, or a clean slate for an investor to lease at market
• Private driveway access with on-site parking for up to 10 vehicles, providing room for truck parking, loading, and privacy
• Sold free and clear by a long-term sole owner who no longer has use for the property — a motivated, straightforward transaction
• Value-add positioning: ideally suited for an end user prepared to renovate and build out the space to their exact operational needs

Building Breakdown

Separate metering on Warehouse 2 creates a natural multi-tenant configuration — occupy part of the building and offset your carry with rental income, or lease both units independently.

Property Details

Condition & Capital Improvements

• Windows: All windows replaced within the last ten years
• Roof: Not replaced during current ownership's ten-year tenure; however, no known leaks — including through this year's storm activity

Investor Snapshot

Comparable flex/industrial space in the submarket is achieving approximately $12.00/SF NNN.

With NNN structure passing taxes, insurance, and maintenance to the tenant, this asset offers strong, durable cash flow at an attractive basis — well below replacement cost.

The Opportunity

409 Hazel Avenue is a versatile asset that works two ways:

1. End User — Establish your business in a flexible industrial/office building with drive-in access, ample parking, and the freedom to renovate and customize to your exact specifications.
2. Investor — Acquire at an ±8.5% projected cap rate with a separately metered second unit that supports a multi-tenant strategy and diversified income.