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360 Fairview Ave 31,448 SF Industrial Building Hammonton, NJ 08037 $1,900,000 ($60.42/SF) 6.58% Cap Rate
INVESTMENT HIGHLIGHTS
- Two separate buildings with clean room manufacturing, warehouse and office space
- Large parking lot for 60+ cars
EXECUTIVE SUMMARY
Located on 3.88 acres with over 31,448 SF of manufacturing, office and warehouse space with approved plans to expand with another 4,243 SF. The property includes ample parking for 60+ cars. Attached documents include building layout, zoning approvals and roofing details.
* The Pinelands approval for additional 4,243 SF. Shovel ready.
* Option to subdivide residential lot on Fairview Ave that could be valued at $150K+ or for buyer to build a new residential home there to occupy or sell
* Located 30 mins from Philadelphia and 30 mins from Atlantic City
* Great value at less than $60/SF
* New LED lighting package and new HVAC system for warehouse
* Environmental Phase 1 Report completed in 2023
* The Pinelands approval for additional 4,243 SF. Shovel ready.
* Option to subdivide residential lot on Fairview Ave that could be valued at $150K+ or for buyer to build a new residential home there to occupy or sell
* Located 30 mins from Philadelphia and 30 mins from Atlantic City
* Great value at less than $60/SF
* New LED lighting package and new HVAC system for warehouse
* Environmental Phase 1 Report completed in 2023
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Front Loading
- Security System
- Signage
- USDA/FDA
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Integrity Medical Devices Inc.
- Manufacturing
- -
- -
- Negotiable
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Integrity Medical Devices Inc. | Manufacturing | - | - | Negotiable | - |
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PROPERTY TAXES
| Parcel Number | 13-02709-0000-00021 | Improvements Assessment | $849,100 |
| Land Assessment | $151,400 | Total Assessment | $1,000,500 |
PROPERTY TAXES
Parcel Number
13-02709-0000-00021
Land Assessment
$151,400
Improvements Assessment
$849,100
Total Assessment
$1,000,500
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360 Fairview Ave
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