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Investment Highlights

  • Investors will want to capitalize on this 100% NNN-leased industrial facility with a long-term lease in place through December 2030.
  • Sutherland Packaging utilizes this facility as their headquarters and primary production facility with significant tenant investment on-site.
  • Offering premier industrial features such as 26-foot clear heights, two docks, three drive-ins, heavy power, and 11.84 acres.
  • Positioned in Norther New Jersey’s established industrial corridor with access to Interstate 80 as well as Routes 206, 15, and 94.
  • Limited landlord responsibilities under the net-lease structure result in a highly predictable net operating income and reduced operating risk.

Executive Summary

Cushman & Wakefield, serving as exclusive agent, is proud to present the opportunity to acquire a 100% fee interest in 248 Brighton Road, Andover, New Jersey 07821.

This premier asset features a 43,799 square foot industrial building situated on 11.84 acres, fully NNN-leased to Sutherland Packaging through December 2030. Adding to the property's strong income stream, Viridity Energy Solutions leases land at the rear for a Battery Energy Storage Facility. The NNN lease structure ensures minimal landlord responsibilities and delivers a steady, predictable net operating income. Investors will find confidence in the tenant’s commitment to this site as Sutherland Packaging has established its headquarters and main production facility here, anchoring its design, manufacturing, and distribution operations in one strategic location. The facility itself offers impressive attributes, including 26-foot clear heights, two docks, three drive-ins, 800 amp power with 120/208 volts and 3-phase capability, as well as 35 parking spaces. Its high-quality construction and premium features position this property as a low-risk, highly desirable investment with strong future leasing potential.

248 Brighton Road stands out as a prime industrial investment thanks to its exceptionally accessible location just 7 miles from Exit 25 on Interstate 80. This strategic positioning offers direct freeway access throughout Northern New Jersey and opens convenient routes to the broader New York Metro area and Eastern Pennsylvania markets. The property is anchored in Northern New Jersey’s established industrial corridor, and is further enhanced by a robust network of regional routes (206, 15, and 94), ensuring seamless connectivity across Sussex, Morris, and Warren Counties. For investors, this unparalleled accessibility drives tenant demand, supports strong occupancy, and positions the asset for long-term growth and leasing success.

This property enjoys a distinct advantage as part of the thriving Northern New Jersey market. Strategically positioned between New York City and Philadelphia, this expansive metro area offers access to a robust labor pool of approximately 1.3 million, fueling business growth and operational efficiency. Northern New Jersey's commercial real estate landscape is defined by its diversity and strength across office, industrial, retail, multifamily, and hospitality sectors. Notably, industrial assets represent 35% of the market, underscoring the region's longstanding reputation as a powerhouse for manufacturing and logistics. For investors, this dynamic environment provides unmatched potential for stability, demand, and sustained returns.

Property tours are available by appointment only. Please contact the listing broker to schedule.

For Financing Inquiries please reach out to Brian Anderson.

Matterport 3D Tour

3D Exterior

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Northern New Jersey - NJ USA

Market Cap Rate

Northern New Jersey - NJ USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type Investment
Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 11.84 AC
Rentable Building Area 43,000 SF
No. Stories 1
Year Built 1985
Parking Ratio 0.81/1,000 SF
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning AI-10
Parcel Number 08-00026-0000-00004-01
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
New York
8,398,748
64
1 h 29 m
Philadelphia
1,584,138
83
2 h 14 m
Washington
702,455
238
5 h 5 m
Boston
694,583
261
5 h 27 m
Columbus
892,533
512
9 h 36 m
Detroit
672,662
573
10 h 43 m
Access and Labor Force
10 Miles
Total Population
149,855
Total Labor Force
88,773
Unemployment Rate
4.16%
Median Household Income
$117,665
Warehouse Employees
12,635
High School Education Or Higher
95.70%
$ values in USD

Sale Advisors

Sale Advisors

Daniel Bottiglieri, Senior Associate - Capital Markets
Daniel J. Bottiglieri is an Associate in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle market dispositions ranging from $2 million to $30 million with a specific focus on retail sales.
Jordan Sobel, Director
Jordan is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $50 million range in the suburban New York Metropolitan area.
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Andrew Schwartz, Managing Director
Andrew J. Schwartz is a Senior Director in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $20 million range in the suburban New York Metropolitan area.

Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Andre Balthazard, Sr. Associate
Andres’s team specializes in middle-market transactions in the Northern New Jersey and Suburban New York markets. Prior to joining the Capital Markets team, André interned with Cushman & Wakefield in the Sacramento, California, office, where he worked with teams that represented office and industrial tenants and landlords.
Brian Anderson, Debt Manager
Brian’s knowledge and extensive experience of the commercial real estate sector allows him to provide proper funding sources for all types of financing requests.  His proficiency in underwriting and negotiating, positions him as an expert in CRE financing in order to advise, originate and negotiate the most favorable terms to ensure an effective and timely closing. Brian is a Boston University School of Management graduate.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Taylor Cunningham
Auctioneer License: Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
  • Listing ID: 40137257

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 248 Brighton Rd, Andover, NJ 07821

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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