Property Description

Listing #4980

Asking Price: $9,900,000

Seize the opportunity to own or lease a cutting-edge industrial facility primed for cannabis licensing in the thriving enclave of Egg Harbor Township, NJ. Currently in the development phase, this dynamic property is slated for completion by March 2025, offering a strategic canvas for a diverse range of industrial applications, including coveted options such as Cold Storage and Dry Storage, in addition to cannabis operations.

Envisioned as a sprawling 36,000 SF establishment boasting towering 32-foot high ceilings, this state-of-the-art structure presents an unparalleled proposition for ambitious ventures. With 18,000 SF still available for sale or lease, this is your chance to secure a prime foothold in a burgeoning market. Plus, with the added allure of a long-term lease already secured with a reputable national tenant for half of the property, included in the purchase, you’re poised for immediate returns on your investment.

The seller stands ready to deliver the property with up to 4,000 AMPS of power, ensuring seamless operations tailored to your exact specifications. Whether you choose to capitalize on the turnkey build to suite solution, or a white box facility with new HVAC and all utilities in place, you can also opt to take advantage of the seller offering construction financing with extremely competitive rates, the possibilities for growth and expansion are endless.

Nestled within the prestigious confines of the Egg Harbor Industrial Park, this property enjoys unparalleled access to key transportation arteries, including the Atlantic City Expressway and Garden State Parkway, facilitating seamless distribution not only throughout New Jersey but also to lucrative markets in Wilmington, DE, and Philadelphia, PA. Contact us today for more details!

Key Features:

• New Construction: Anticipated completion by March 2025
• Versatile Utilization: Suitable for cannabis licensing and various industrial uses
• Owner User and Leased Investment: 36,000 SF free-standing building, with 18,000 SF available for sale or lease
  • Tenant Advantage: Pre-leased to a credible national tenant, ensuring immediate returns on investment
• Strategic Location: Positioned for success in the bustling Egg Harbor Industrial Park
• Powerful Infrastructure: Can be delivered with up to 4,000 AMPS of power
• Asking Lease Rate: $18 per SF annually ($1.50 per SF monthly) = $27,000 + NNN Monthly
• Asking Sales Price: $275 per SF = $9,900,000

Meilad Rafiei – License# 01788589 – WeCann

This property is being co-brokered with ReMax Central License #1539140