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Sherman Avenue 2 Industrial Properties in Pennsauken, NJ
Investment Highlights
- Two industrial buildings totaling 57,595 SF on 3.33 acres with efficient layouts.
- Exceptional loading capability with 11 docks and 3 drive-in doors across both buildings.
- Strategic location near major transit routes with proximity to Philadelphia and key distribution corridors.
- 100% leased to a mix of national and regional tenants with strong operating histories.
- Heavy power capacity, 16-foot clear ceiling height, and conditioned spaces support flexible industrial use.
Executive Summary
Colliers is pleased to present the opportunity to acquire two fully leased industrial buildings totaling 57,595 square feet in Pennsauken, New Jersey. Situated on 3.33 acres with immediate access to regional transportation networks, this investment offers stability and growth potential. Both 1601 and 1641 Sherman Avenue are 100% occupied by established tenants, including The Printer, Inc., EA Engineering, and Elite Elevator Services.
1601 Sherman spans 47,576 SF and currently accommodates two tenants but has the configuration to expand to up to four tenants. The property offers heavy power capacity, multiple loading docks, and 16-foot clear ceilings, essential for distribution users. 1641 Sherman Avenue features an additional 10,019 SF of warehouse space with a fenced and paved yard, providing valuable flexibility and secure outdoor storage.
With near-term expirations and mark-to-market opportunities, the property portfolio represents a compelling value-add proposition. These assets deliver predictable income from long-standing national and regional tenants while allowing investors to capitalize on rising rental rates in a strong industrial submarket near Philadelphia.
1601 Sherman spans 47,576 SF and currently accommodates two tenants but has the configuration to expand to up to four tenants. The property offers heavy power capacity, multiple loading docks, and 16-foot clear ceilings, essential for distribution users. 1641 Sherman Avenue features an additional 10,019 SF of warehouse space with a fenced and paved yard, providing valuable flexibility and secure outdoor storage.
With near-term expirations and mark-to-market opportunities, the property portfolio represents a compelling value-add proposition. These assets deliver predictable income from long-standing national and regional tenants while allowing investors to capitalize on rising rental rates in a strong industrial submarket near Philadelphia.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 57,595 SF |
| Number of Properties | 2 | Total Land Area | 5.26 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 57,595 SF |
| Total Land Area | 5.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1601 Sherman Ave, Pennsauken, NJ 08110 | Industrial | 47,576 SF | 1966 | - |
| 1641 Sherman Ave, Pennsauken, NJ 08110 | Industrial | 10,019 SF | 1966 | - |
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