1 Sorbello Rd
Pedricktown, NJ 08067
Property For Lease

The newest building in an established business park offers prime warehouse, manufacturing, and distribution opportunities. The Gateway Business Park is a master-planned distribution park consisting of 407 acres, and the Gateway Business Park – East is part of the second phase of the development and features 143 acres and an additional million square feet of industrial space. 1 Sorbello Road has been constructed so that the building itself is complete, but the interior is ready for a rapid build-out based on a tenant’s needs. A 20-year PILOT tax abatement is in place, and real estate taxes of $0.40 per-square-foot (with modest increases) provide significant cost savings over the term of a lease. The building features a 36’ height, 50’ x 50’ column spacing, ample trailer parking options, and nearly immediate access to I-295, the toll-free interstate that runs parallel to the New Jersey Turnpike, in less than a mile drive. Many major corporations are already benefitting from the desirable accessibility options the Gateway Business Park provides, including Goya Foods, Berkowitz Glass, UPS, and Jet.com. The Delaware Memorial Bridge is only seven miles from the center, and the Commodore Barry Bridge is only eight. With easy access to Philadelphia, Wilmington, and Baltimore, the Gateway Business Park also boasts a highly central location being just an overnight drive to one-third of the nation’s population. The Philadephia International Airport and the Wilmington Philadelphia Regional Airport are just a 24-minute and a 16-minute drive, respectively, providing further distribution options for freight. The Gateway Business Park – East is being developed by Matrix, one of the Northeast’s most respected real estate investment and development firms.