1301 W Forest Grove Road,
Vineland, New Jersey, 08361 United States

1301 W Forest Grove Road
Vineland, New Jersey, 08361 United States

$1,429,000USD

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1301 W Forest Grove Road

About 1301 W Forest Grove Road, Vineland, New Jersey

Strong investment opportunity located just outside of Philadelphia, in southern New Jersey. The property is rooted in the highly sought-after Vineland Industrial Park, which has immediate access to Philadelphia, northern New Jersey / New York, and Delaware ports. This property is being marketed at 1.349 million dollars, with a cap rate of 8%. The property features 9,879 square feet of office space, 6011 square feet of warehouse space and is currently occupied by 8 tenants. 40% of the leasable space is occupied by the existing owner whose business has been in operation for 41 years and is willing to enter into a long-term leaseback agreement with the purchaser. The building was constructed by Stanker and Galetto, a renowned industrial builder in the Philadelphia market in 1990 and has been meticulously maintained since. The property features updated mechanical systems, electrical systems, including high-efficiency products for energy-saving enhancement.

Listing Courtesy of A R Fanucci Real Estate, Inc

Data provided by BRIGHT MLS

Marketed By

Downtown Brokerage

Property ID:NJCB2002818

MLS ID:NJCB2002818

Amenities

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United StatesNew JerseyVineland1301 W Forest Grove Road