862-452-5775
1 Ironside Ct, Willingboro, NJ for Sale
Manufacturing - FOR SALE
1/38
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1 Ironside Ct
Willingboro, NJ 08046


HIGHLIGHTS

  • -11 Loading Docks, 1 Drive-In, 2 (1) Ton Cranes 2,000amps Heavy Power, Floor Drains with +/-3.48 AC for Additional Land for Development.
  • -(Section 1) Clear 13.5'-17' with 800 Amps 120/208Volts 3Phase, (Section 2) Clear 19.9'-22.2' with 225 Amps 120/208Volts 2Phase.
  • - +/-53,907 SF Industrial Facility demised into 2 sections of +/-25,981 SF (Section 1) and +/-27,926 SF (Section 2) set on +/-9 AC.

OVERVIEW

The Geller Group of Marcus & Millichap Real Estate Investment Services has been exclusively retained by the seller to present the opportunity to acquire 1 Ironside Court (The Subject Property) to qualified investors. The +/-53,907 SF industrial building set on +/-9 AC is in Willingboro, New Jersey's Burlington submarket. The Portfolio is 52% occupied and leased to 2 tenants with a lease term remaining of 1.1 and 4.5 years respectively. The improving Burlington submarket is experiencing 8.1% vacancy for industrial product with 1.9 million SF under construction currently. This represents a 40% decline YOY which should contribute to continued lower vacany rates as industrial leasing takes place. The Property's location falls between County Rd 130 (Burlington Pike), 7, 206, Hwy 70, 73 & 38, as well as the North/South Interstate I-295 & I-95 and I-195 interchange. Its location provides immediate access to the Philadelphia area population as well as national connectivity through I-95. The Burlington submarket provides a deep and diverse set of labor supporting the multiple industries in the area. This highly functional industrial building set on +/-5.52 AC with ample outdoor parking & storage includes multiple warehouse spaces comprised on average of +/-23,420 SF (section 1) and +/-27,880 SF (section 2). The buildings amenities include 2 (1) Ton cranes, 13.5'-22.2' foot clear heights, 11 loading dock's, 2 Drive-in's, multiple demised warehouse spaces, bathrooms and offices for multiple tenants. An additional +/-3.48 AC of land is available for future expansion and development. The property’s location allows employees immediate access to many amenities, retail and restaurant options, and ease of access from anywhere in the Willingboro, NJ MSA.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

22.166666666666668 Ft

DOCKS

10

DRIVE INS

1

PARKING SPACES

94

LAND DETAILS

LAND ACRES

9

LAND SF

392,040

ZONING

I-1 Industrial

APN/PARCEL ID

38-00013-0000-00008-08

ASK ABOUT THIS PROPERTY

Scott GellerMarcus & MillichapMore Info
862-452-5775

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Scott GellerMarcus & MillichapMore Info
862-452-5775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.