0 Millville NjMillville, NJ 08332

For Lease
$12.50/SF/YR

30,000-50,000 SF renovated industrial space.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional industrial property in Cumberland County, NJ offers 30,000 to 50,000 square feet of newly renovated space for lease within a larger, multi-tenant building totaling 300,000 square feet. The single-story building features 17-21 foot ceiling heights, making it ideal for various manufacturing, warehouse, distribution, or R&D operations. Extensive renovations include a new roof, sprinkler system, plumbing, electrical, gas and water/sewer hookups, windows, and an updated exterior facade with steel panel siding. A new diesel pump is also in place. The property currently offers 1,300 AMPS of power, but an upgrade to 4,000 AMPS is approved and readily available on-site with the purchase of a transformer and switchgear. Leasing a minimum of 30,000 square feet provides access to 2,500 AMPS. The landlord is open to negotiating lease terms that may include subsidizing the cost of the transformer and switchgear for a higher lease rate. Similarly, the utility company offers a reduced rate of $1.90 per KW versus the standard $3.50 per KW in exchange for a tenant-purchased upgrade. The property sits on 12 acres and is approved for various license types. A lease-to-own option may also be available. The lease rate is $12.50 + NNN, increasing to $14.50 + NNN if the landlord contributes to the transformer and switchgear costs. This is a turnkey opportunity in a location with streamlined local approvals.

Highlights

  • Extensive renovations, including a new roof, sprinkler system, plumbing, electrical, gas and sewer hookups, windows, exterior facade with steel panel siding, and a new diesel pump.
  • 1,300 AMP power available, upgradeable to 4,000 AMP (tenant-paid transformer/switchgear) or 2,500 AMP (minimum 30,000 SF lease); landlord or utility may subsidize equipment costs.
  • All utilities are connected.
  • Clear ceiling heights of 17 to 21 feet.
  • Lease rate: $12.50 + NNN ($14.50 + NNN if landlord pays for transformer/switchgear).

Property Details for 0 Millville Nj

Property type
Other warehouses, Life science properties
RSF (Rentable sq. ft)
300,000 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space 1
Size
50,000 SF
Rate per SF
$12.50

Location Insight

City
Millville
County
Cumberland
State
New Jersey
Latitude
39.4020596
Longitude
-75.0393438
Millville Nj, Millville, New Jersey

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0 Millville Nj
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