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Strategically Located Flex/Industrial Asset 450-460 Veterans Dr 63,250 SF 51% Leased Flex Building Online Auction Sale Burlington, NJ 08016
Investment Highlights
- Newly available ±28,500 SF contiguous block
- Offering the versatility to accommodate any combination of warehouse and office use with a single-story layout.
- Adjacent to the RiverLine station and minutes from Route 130 and the NJ & PA Turnpikes.
- Located in a supply-constrained flex market with strong demand for efficient, well-located space.
Executive Summary
Situated on a ±4.45 AC parcel, 450-460 Veterans Drive features 192 parking spaces, a ceiling height of 16’8”, 3 interior tailgates, and a large drive-in door. The asset's flexible layout allows for a combination of warehouse and office use, with a single-story design that provides efficient space utilization.
450-460 Veterans Drive is ideally positioned in Burlington County, offering excellent connectivity to Philadelphia, PA, and Trenton, NJ, making it an attractive location for businesses seeking a strategic position in the region. The asset is a half-mile (2 turns) from Route 130 and is surrounded by a variety of commercial amenities.
450-460 Veterans Drive presents an exceptional value-add investment opportunity, offering investors stable in-place cash flow with significant additional upside through the lease-up of vacant space. With its strategic location, high functionality, and potential for increased occupancy, 450-460 Veterans Drive is a prime value-add investment for those looking to capitalize on the strong demand and low availability in the Burlington submarket.
Property tours are available by appointment only. Please contact Brittany.Leventoff@colliers.com to schedule.
Matterport 3D Tours
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- 1. Financials
- 2. Property Information
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Auction Sale | Year Built | 1984 |
| Type of Ownership | Fee Simple | Parking Ratio | 3.04/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 16’8” |
| Property Subtype | Light Distribution | No. Dock-High Doors/Loading | 3 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 4.45 AC | Cross Streets | Commerce Square Blvd |
| Rentable Building Area | 63,250 SF | Parcel Number | 05-00001-01-00001-01 |
| Zoning | lP - Industrial Park | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 4.45 AC |
| Rentable Building Area | 63,250 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 3.04/1,000 SF |
| Clear Ceiling Height | 16’8” |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Commerce Square Blvd |
| Zoning | lP - Industrial Park |
| Parcel Number | 05-00001-01-00001-01 |
Amenities
- Commuter Rail
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Utilities
- Gas - Natural
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 1A | 7,130 SF | Industrial | - | Now |
| 1st Fl - 3-4-5 | 16,279 SF | Flex | - | Now |
| 1st Fl-Ste 8 & 9 | 6,235 SF | Office | Full Build-Out | Now |
1st Fl - 1A
| Size |
| 7,130 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - 3-4-5
| Size |
| 16,279 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 8 & 9
| Size |
| 6,235 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 1A
| Size | 7,130 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
1st Fl - 3-4-5
| Size | 16,279 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Now |
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
1st Fl-Ste 8 & 9
| Size | 6,235 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Located at the base of the Burlington-Bristol Bridge and just steps from the River Line light rail commuter station, 450-460 Veterans Drive offers adaptable office and industrial/flex configurations suited for a wide range of businesses. The property spans 4.45 acres and is designed with both efficiency and accessibility in mind, providing 192 dedicated parking spaces for staff and visitors. Inside, users benefit from a 16’8” clear height, 20' ceilings, ample natural light, and a layout that supports modern warehousing or office needs. With three interior tailgate positions, a drive-in door, and 100% sprinkler coverage, operational flexibility is a central advantage. Electrical infrastructure includes an 800-amp, 120- to 480-volt service, ensuring power reliability for diverse uses. Zoned IP (Industrial Park), permissible uses include light and heavy contractors, engineering firms, and e-commerce fulfillment operations. The property sits minutes from Route 130, 4 miles from I-295 Exit 47, and roughly 5 miles from access to both the NJ and PA Turnpikes, providing seamless regional connectivity for distribution or office operations.
About Burlington County
Minutes from Philadelphia and within a two-hour drive of both the New York City and Baltimore/Washington areas, Burlington County is located squarely in the middle of the largest center of purchasing power in the Western Hemisphere.
Thanks to this exceptional location, the area has fast become one of the preeminent hubs for distributors in the Northeastern United States, with Amazon, Target, H&M, Trane, and Medline Industries all opening major logistics facilities over 200,000 square feet here since 2015.
Interstate 295 and the New Jersey Turnpike both run straight through Upper Burlington County, providing distributors with ideal routes to traverse the Northeast Corridor, without getting caught in more congested highways on the western end of the Philadelphia metro area.
Finally, dense blue-collar residential areas in Burlington Township, as well as in nearby Lower Bucks County and Northeast Philadelphia offer local distributors a deep of potential employees to staff their facilities.
Demographics
Regional Accessibility
Sale Advisors
Sale Advisors
Jacklene Chesler, Vice Chair
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Patrick Norris, Senior Vice President
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
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