1649 Castpa Pl 39,204 SF Industrial Building Vineland, NJ 08360 For Sale

1649 Castpa Place offers investors a rare opportunity to acquire a fully leased industrial asset in the thriving Vineland/Bridgeton submarket. Positioned on 2.43 acres with immediate access to Route 55, this ±39,204 SF facility is strategically located to serve regional and national distribution networks. The property’s I-2 Light Industrial zoning supports a wide range of manufacturing and flex uses, making it a versatile long-term investment.
The building features robust infrastructure, including heavy concrete construction, 12'-14' clear heights, two loading docks, and a drive-in door, complemented by 1,200-amp, 3-phase power and a 100% wet sprinkler system. Ample parking with 100 spaces enhances operational efficiency for industrial users.
Currently leased to DWK Life Sciences, a global leader in laboratory packaging solutions backed by One Equity Partners, the property provides secure income with a recently exercised two-year renewal option commencing June 2026. Renewal rents escalate significantly, reflecting strong tenant commitment and market confidence. The tenant’s substantial investment in FF&E, estimated at over $10 million, underscores the strategic importance of this location to their operations.
Situated within a prime manufacturing hub, the property benefits from proximity to Philadelphia, Atlantic City, and Wilmington, as well as major highways and intermodal terminals. With vacancy rates stabilizing and new industrial developments underway, Vineland offers compelling fundamentals for growth and long-term value.