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Gregory & Stephanie Ireland

gregory@theirelandgroup.net +1(202) 550-0018

Listed by Tom Duffy • Keller Williams Realty - Washington Township

$ 1,100,000

Est. payment | -/mo

Save

$ 1,100,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID NJGL2079276

Year Built 1986

Annual Tax Amount $10,089

Tax Year 2026

Lot Dimensions 0.00 x 0.00

Property Sub-Type Industrial

Source BRIGHT

Property Description

INVESTMENT OPPORTUNITY – 100% OCCUPIED WITH STRONG CASH FLOW! Positioned in the highly sought-after Cross Keys Airport Industrial Park, 300 Thomas Ave., Unit 501 presents an attractive opportunity to acquire a fully occupied, income-producing industrial asset with approximately 7,900 square feet of office, warehouse, hangar, and storage space. All 7 units are currently occupied, generating approximately $124,200 in gross annual rental income. With low annual operating expenses of approximately $20,089, the property produces an estimated $104,111 in net operating income before debt service, making this a compelling addition to an investor's portfolio. The approximately 5,000-square-foot main building features three private offices, three bathrooms, four 12-foot drive-in doors, and three separate warehouse bays, providing a versatile mix of office and industrial space. The property also includes an approximately 1,600-square-foot hangar building and a 300-square-foot storage container, further diversifying the rental income. On-site well and septic help keep operating expenses low. With all 7 units occupied and income already in place, investors can benefit from immediate cash flow without the initial lease-up typically associated with multi-tenant industrial properties. A rare opportunity to acquire a fully leased, multi-tenant industrial investment in one of South Jersey's desirable industrial locations. Schedule your private tour today!

Location

State NJ

County Gloucester

Area Monroe Twp (20811)

Zoning C

Interior

Hot Water Natural Gas

Heating Wall Unit

Cooling Ductless/Mini-Split

Flooring Concrete

Inclusions All existing w/w flooring, fixtures & Light fixtures all in their as-is condition.

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

View Other

Roof Type Flat,Rubber,Metal,Pitched

Street Surface Paved

Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, >84\" Garage Door, Doors - Swing In, Entry Slope <1', Level Entry - Main

Road Frontage HOA

Total Parking Spaces 6

Garage N

Building

Lot Description Cleared, Level, No Thru Street, Premium

Foundation Slab

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Monroe Township Public Schools

Others

Tax ID 11-14701-00038-C0003

Ownership Condominium

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 550-0018

gregory@theirelandgroup.net

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300 THOMAS AVE #501 Williamstown, NJ 08094