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1985 Rutgers Blvd 200,000 SF 100% Leased Industrial Building Lakewood, NJ 08701 For Sale
Investment Highlights
- The property generates approximately $2.44 million in current NOI.
- Fully approved expansion plan allows for approximately 44,000 additional square feet.
- Diversified occupancy provides income from multiple tenants.
- Convenient access to the Garden State Parkway, Route 9, Route 70, Route 37, and I-195.
Executive Summary
An exceptional opportunity to acquire a 200,000+ SF industrial property in Lakewood Industrial Park. The fully occupied property generates approximately $2.44 million in current NOI and includes a fully approved 44,000 SF expansion, creating potential to grow the property to approximately 244,000 SF. With a strong industrial location, diversified tenancy, and significant expansion potential, 1985 Rutgers University Boulevard offers both immediate income and long-term flexibility.
Property Facts
| Sale Type | Investment or Owner User | Year Built | 1985 |
| Property Type | Industrial | Parking Ratio | 0.2/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 28’ |
| Building Class | B | No. Dock-High Doors/Loading | 20 |
| Lot Size | 22.00 AC | No. Drive In / Grade-Level Doors | 9 |
| Rentable Building Area | 200,000 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | M1 - Manufacturing | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 22.00 AC |
| Rentable Building Area | 200,000 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 0.2/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 20 |
| No. Drive In / Grade-Level Doors | 9 |
| Opportunity Zone |
Yes |
| Zoning | M1 - Manufacturing |
Amenities
- Solar Panels
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 15-01609-0000-00028-02 | Improvements Assessment | $9,110,000 |
| Land Assessment | $4,290,000 | Total Assessment | $13,400,000 |
Property Taxes
Parcel Number
15-01609-0000-00028-02
Land Assessment
$4,290,000
Improvements Assessment
$9,110,000
Total Assessment
$13,400,000
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1985 Rutgers Blvd