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900 Durham Ave 31 800 pi² Industriel Immeuble South Plainfield, NJ 07080 À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- I-287 Reposition / Redevelopment Opportunity
- Strong Leasing Velocity in Submarket
- Dense Labor Market & Consumers Surround
RÉSUMÉ DE L'ANNONCE
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 900 Durham Avenue, South Plainfield, New Jersey for sale. Totaling 31,800 SF on 3.52 acres, 900 Durham Avenue is ideally located on the I-287 on-ramp (Exit 4) and provides a new owner with multiple paths to create value via reposition/lease the existing building, or redevelop the site for industrial or retail use. The Site benefits from its location at a traffic light controlled intersection of Durham Avenue and Hadley Road. Currently occupied by GE Healthcare through 2025, the Property will be sold vacant.
Located one-turn off I-287 Exit 4, 900 Durham Avenue is minutes from the NJ Turnpike/I-95, I-78, Route 1&9, 202/206, 22, 18, and 28, the Ports, and NYC. Additionally, the Property offers visibility to the +/-41 MM vehicles which drive past each year, and the 11.4 MM consumers within a 60-minute drive. The I-287/Exit 10 industrial submarket continues to see strong tenant demand with +18.6 million square feet of leasing activity over the last five years. The building is of an ideal size with a weighted average occupancy of 98% in buildings under 50,000 SF since 2020.
Currently occupied by GE Healthcare, the property will be delivered vacant. Originally constructed in two phases (1972 and 1989), the 31,800 SF building includes a combination of laboratory space, warehouse, office and storage areas. GE Healthcare and its predecessor utilized 900 Durham Avenue to manufacture and distribute diagnostic pharmaceuticals since 1972.
Located one-turn off I-287 Exit 4, 900 Durham Avenue is minutes from the NJ Turnpike/I-95, I-78, Route 1&9, 202/206, 22, 18, and 28, the Ports, and NYC. Additionally, the Property offers visibility to the +/-41 MM vehicles which drive past each year, and the 11.4 MM consumers within a 60-minute drive. The I-287/Exit 10 industrial submarket continues to see strong tenant demand with +18.6 million square feet of leasing activity over the last five years. The building is of an ideal size with a weighted average occupancy of 98% in buildings under 50,000 SF since 2020.
Currently occupied by GE Healthcare, the property will be delivered vacant. Originally constructed in two phases (1972 and 1989), the 31,800 SF building includes a combination of laboratory space, warehouse, office and storage areas. GE Healthcare and its predecessor utilized 900 Durham Avenue to manufacture and distribute diagnostic pharmaceuticals since 1972.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement ou propriétaire utilisateur | Nombre d’étages | 1 |
| Condition de vente | Propriété à inoccupation élevée | Année de construction | 1973 |
| Type de propriété | Industriel | Location | Unique |
| Sous-type de propriété | Entrepôt | Ratio de stationnement | 2,52/1 000 pi² |
| Classe d’immeuble | B | Nbre de quais à portes élevées/de chargement | 1 |
| Taille du lot | 3,52 AC | Nbre d’entrées dans les portes/au niveau du sol | 2 |
| Aire du bâtiment louable | 31 800 pi² | ||
| Zonage | M-2 | ||
| Type de vente | Investissement ou propriétaire utilisateur |
| Condition de vente | Propriété à inoccupation élevée |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | B |
| Taille du lot | 3,52 AC |
| Aire du bâtiment louable | 31 800 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1973 |
| Location | Unique |
| Ratio de stationnement | 2,52/1 000 pi² |
| Nbre de quais à portes élevées/de chargement | 1 |
| Nbre d’entrées dans les portes/au niveau du sol | 2 |
| Zonage | M-2 |
1 1
Impôts fonciers
| Numéro de lot | 22-00528-0000-00046-10 | Évaluation des bâtiments | 516 238 $ CAD |
| Évaluation du terrain | 611 842 $ CAD | Évaluation totale | 1 128 080 $ CAD |
Impôts fonciers
Numéro de lot
22-00528-0000-00046-10
Évaluation du terrain
611 842 $ CAD
Évaluation des bâtiments
516 238 $ CAD
Évaluation totale
1 128 080 $ CAD
CONTACTS
-
Andrew Schwartz -
Ryan Larkin -
Jordan Sobel -
Andre Balthazard -
Cushman & Wakefield
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900 Durham Ave
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