732-491-2178
91 Cottontail Ln, Somerset, NJ for Sale
Industrial LAND - FOR SALE
1/1
217,800 SF

91 Cottontail Ln
Somerset, NJ 08873


HIGHLIGHTS

  • Opportunity to acquire entitled industrial land in an extremely constrained market
  • Limited competition in the Somerset submarket, as there are no under construction projects under 100,000 s.f
  • 91 Cottontail Lane is positioned in a submarket featuring superior logistical connectivity to major New Jersey thoroughfares
  • Central New Jersey recorded the 2nd highest leasing volume in Q3 2024, driven by Class A leasing
  • Access to over 9 million people within 60-minutes of the Propert

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor to Somerset Properties Realty LP (“Owner”), is pleased to offer the unique opportunity to acquire 91 Cottontail Lane (“the Property” or “the Site”), a ±5.00-acre site located in Franklin Township, New Jersey. The Site presents an exceptional opportunity to construct a fully approved 51,150 s.f. best-in-class industrial warehouse property in a development-constrained market. The New Jersey industrial market continues to shine as one of the most sought-after markets in the United States with sustained leasing volumes and an increasingly restrictive development pipeline. The Somerset submarket, in particular, stands out with its limited development pipeline, providing future rent growth opportunities. The Property sits minutes from Interstate 287 and provides convenient access to major population centers from Philadelphia to New York City. Furthermore, it is surrounded by workforce labor communities such as Edison, Piscataway, and New Brunswick while being strategically positioned to access over 9 million consumers within a 60-minute drive.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial

LAND ACRES

5 AC

LAND SF

217,800 SF

OFFSITE IMPROVEMENTS

-

ZONING

Business and Industry

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary PolitiJLLMore Info
732-491-2178

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Gary PolitiJLLMore Info
732-491-2178

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