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50-2 Tannery Rd - Unit 2

11,700 SF Industrial Unit Offered at £1,941,055 in Readington, NJ 08870

Investment Highlights

  • 21' Clear Ceilings
  • Racking Available
  • Well Maintained

Executive Summary

Built in 1990, this space is ready to accommodate the needs of modern manufacturing and logistics operations. Its prime location offers quick access to major highways, ensuring seamless connectivity to markets across the Northeast, including Philadelphia and New York City. Take advantage of this strategically positioned and well-equipped space for your growing business. Contact us today to schedule a tour or learn more about this exceptional leasing opportunity at 50 Tannery Road!

Property Facts

Price £1,941,055
Unit Size 11,700 SF
No. Units 1
Total Building Size 11,700 SF
Property Type Industrial (Unit)
Property Subtype Warehouse
Sale Type Investment or Owner User
Building Class B
Number of Floors 1
Typical Floor Size 11,700 SF
Year Built 1990
Tenancy Single
Lot Size 5.00 AC
Parking Ratio 2.22/1,000 SF

1 Unit Available

Unit 2

Unit Size 11,700 SF
Price £1,941,055
Price Per SF £165.90
Unit Use Industrial
Sale Type Investment or Owner User
Net Initial Yield 7.11%
NOI £138,008.98
Description

Prime 11,700 Sq Ft Industrial Condo Unit in Central NJ – Positioned for Success

Now available: an outstanding industrial condo unit at 50 Tannery Road, Unit 2 in Readington, NJ. This 11,700 sq ft space, located within a 93,000 sq ft building, is ideally situated off Route 22 with convenient access to I-78 and I-287, positioning your business at the heart of New Jersey's bustling industrial and distribution network.

Key Features:

21-foot clear ceilings for optimized storage and flexibility

1 loading dock for efficient shipping and receiving

3,000 sq ft of finished office space for a productive, professional environment

200-amp electric service to power your operations

Fully sprinklered for safety and compliance

Energy-efficient LED lighting throughout

Ample car parking for staff and visitors


ALSO AVAILABLE FOR LEASE

Sale Notes

Located in the Branchburg industrial submarket, which has experienced strong growth with a high retention rate for both existing and new businesses.

Strong demand for industrial spaces in this size range, with a total lack of availability in the current market, making this an excellent leasing opportunity.

Excellent access to major transportation corridors, supporting both local and regional distribution needs.

Amenities

  • Signage

zoning

Zoning Code ROM-2
ROM-2
  • Listing ID: 33273879

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 50-2 Tannery Rd, Readington, NJ 08870

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