Armadillo Property

Industrial for Sale
Catylist Listing ID: 30002299
Property Subtypes: Flex Space, Warehouse/Distribution
Building Size (RSF): 13,500 SF
Gross Building Area: See Agent
Sale Price: $110 PSF
Total Price: $1,485,000
Ceiling: 20 ft.
Docks/Doors: 2 Docks
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Drastic price reduction for a quick sale! The property is improved with a one story 13,500+/- square foot warehouse /flex building, and is currently divided into 2 sections. The building was constructed in 1981+/-. It has a concrete block masonry & decorative stone exterior, a concrete slab foundation and a flat roof surfaced with a rubberized membrane. The roof is 14 years old. The building is fully sprinklered.

There is 6,200+/- – 13,500+/- SF available for lease. The 6,200+/- SF space consists of 2,100+/- SF of office space and 4,100+/- SF of warehouse. Ceiling height in the warehouse is 20’ with one tailgate loading dock. The office space consists of 6 offices, 2 restrooms, a reception area and a break room.

The remainder of the building is approximately 7,300+/- SF and is occupied by the owner. The space consists of 4,300+/- SF of offices and 3,000+/- SF of warehouse/distribution space with one tailgate loading dock.

The building is serviced by a gas forced hot air heating system. Cooling is provided by a forced air system. All sections of the warehouse are serviced by gas forced air blowers. The electrical service to the building is three phase - 200+/- amp. The spaces are separately metered.

Additional Details

Nearest MSA: Trenton
County: Mercer
Property Located Between: South Gold Drive
Highway Access: Routes/Interstates 130, 206, 95, 295 and the New Jersey Turnpike.
Number of Stories: 1
Property Condition: Good
Year Built: 1981
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: Brick/Block
Parking Type: Other
Parking Description: Off-Street, Paved
Total Parking Spaces: 50
Amps: 200
Internet Access: Cable
Zoning Description: Research Development (RD): The district allows for the following uses among others: Industrial, Medical or Scientific Research, Computer and Data Processing, Medical and Dental Labs, Research and Engineering Activities. The complete zoning ordinance is available upon request.
Lot Frontage: 270
Lot Depth: 210
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,377 50,759 125,203
Median Age: 44.85 43.39 41.93
Households: 773 19,417 47,778
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