Warehouse
Morris Plains Business Park
60 E Hanover Ave, Morris Plains, NJ 07950
Listing Price: $11,000,000
Investment Overview
The Morris Plains Business Park is a three building, 46,000sf industrial park located in the heart of Morris County, New Jersey. Built in 1986, this property sits on approximately 4.5 acres and houses 9 tenants in spaces that range between 3200- 7500sf. Additional income is derived from several tenants that utilize a portion of the expansive lots to park their vehicles. There are a total of 11 docks or drive-in doors at the complex: Building A( 2 drive-in), Building B ( 2 drive-in, 4 loading docks), Building C (3 loading docks). The tenant mix includes a diverse range of businesses, such as a school for autism, a fitness gym, a contractor, a biopharma company, and a pest control franchise, offering a stable and well-rounded tenant base. Most tenants pay a pro-rata share of CAM charges
Morris Plains Business Park
Investment Highlights
- Three-building industrial park located in the heart of Morris County.
- Spaces range between 3,200-7,500 sq. ft., with a total of 46,000 sq. ft.
- The complex features a total of 11 docks or drive-in doors and 18' clear ceilings
- Most tenants pay a pro-rata share of CAM charges
- Conveniently located near main retail trade area, off Route 287, providing access to Routes 80, 46, 24, and 10.
Exclusively Listed By
Listing Price: $11,000,000
Investment Highlights
- Three-building industrial park located in the heart of Morris County.
- Spaces range between 3,200-7,500 sq. ft., with a total of 46,000 sq. ft.
- The complex features a total of 11 docks or drive-in doors and 18' clear ceilings
- Most tenants pay a pro-rata share of CAM charges
- Conveniently located near main retail trade area, off Route 287, providing access to Routes 80, 46, 24, and 10.
Investment Overview
The Morris Plains Business Park is a three building, 46,000sf industrial park located in the heart of Morris County, New Jersey. Built in 1986, this property sits on approximately 4.5 acres and houses 9 tenants in spaces that range between 3200- 7500sf. Additional income is derived from several tenants that utilize a portion of the expansive lots to park their vehicles. There are a total of 11 docks or drive-in doors at the complex: Building A( 2 drive-in), Building B ( 2 drive-in, 4 loading docks), Building C (3 loading docks). The tenant mix includes a diverse range of businesses, such as a school for autism, a fitness gym, a contractor, a biopharma company, and a pest control franchise, offering a stable and well-rounded tenant base. Most tenants pay a pro-rata share of CAM charges
Exclusively Listed By
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