45 Griffith St - Warehouse FOR SALE


Salem, NJ 08079
$9,200,000 USD
856-383-5355
45 Griffith St, Salem, NJ for Sale
$9,200,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

45 Griffith St
Salem, NJ 08079


HIGHLIGHTS

  • Rail-served industrial facility positioned for flexible distribution strategies.
  • Direct access to the New Jersey Turnpike, I-295, and the Delaware Memorial Bridge for regional connectivity.
  • Sixteen loading positions including convertible drive-in capability for diverse logistics operations.
  • Heavy three-phase power, LED lighting, and dry sprinkler system support modern industrial demands.
  • Large acreage allowing efficient truck flow, staging, and outdoor operational use.

OVERVIEW

45 Griffith Street presents a rare opportunity to acquire a strategically positioned industrial asset within the Southern New Jersey logistics corridor. Located in Salem, this property combines functional warehouse infrastructure with advantageous regional connectivity, offering direct access to the New Jersey Turnpike, Interstate 295, and the Delaware Memorial Bridge, all within approximately nine miles of the site. This positioning allows users and investors to leverage efficient routes into Greater Philadelphia, Delaware, and the broader Mid-Atlantic distribution network. The property features a robust industrial specification designed to support a wide range of production, storage, and distribution uses. The building includes sixteen dock-height loading positions, one of which can serve as a drive-in, providing flexible loading options for varied freight operations. Six-inch concrete floors, heavy 880-AMP three-phase power, LED warehouse lighting, and a dry sprinkler system create a reliable environment for modern industrial activity. Rail service further enhances logistical versatility, an increasingly scarce and valuable attribute among regional industrial offerings. The site spans 12.13 acres, offering ample yard, staging, and truck maneuverability. Proximity to multiple state routes, including NJ-49 and NJ-45, positions the property within a well-connected local road network that ties directly into major interstate systems. This enhances access for employee commutes as well as outbound delivery channels. The broader Salem County area also offers a cost-effective operational setting, making it attractive for expansion, consolidation, or long-term strategic investment. With its strong infrastructure, transportation advantages, and sought-after rail access, 45 Griffith Street stands as a compelling acquisition opportunity for users and investors seeking a functional, well-located industrial asset within a high-utility logistics corridor.

FOR SALE DETAILS

PRICE

$9,200,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

UTILITIES

Lighting - Mercury, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

34 Ft

DOCKS

16

DRIVE INS

1

PARKING SPACES

25

LAND DETAILS

LAND ACRES

12.13

LAND SF

528,383

ZONING

C

APN/PARCEL ID

13-00010-0000-00001

ASK ABOUT THIS PROPERTY

Ryan BarikianWolf Commercial Real Estate L.L.C.More Info
856-383-5355

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Ryan BarikianWolf Commercial Real Estate L.L.C.More Info
856-383-5355

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