1 Ironside Court

  • $11,500,000
Featured For Sale
1 Ironside Court, Willingboro Township, Burlington County, New Jersey, 08046, United States
Featured For Sale
1 Ironside Court, Willingboro Township, Burlington County, New Jersey, 08046, United States
  • $11,500,000
  • Warehouse/Industrial
  • Property Type
  • 53,870
  • Gross SF

Description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 1 Ironside Court (the “Property”); 53,870± SF industrial warehouse built on 9.00 acres in Willingboro, New Jersey, Burlington County. The property includes a 1-story building, 18’-25’ ceiling heights, 600± SF of front and rear office space, Fluorescent lighting with automatic sensors and wet sprinkler system with floor drains in unit #2. 3.5 undeveloped acres valued at $9,000 – $10,000 per month (per developed acre). Property to be delivered vacant. 7 minutes from interstate 295 and 12 miles from the Port of Philadelphia.

 

Building Highlights

  • 18’-25’ ceiling heights
  • 10 loading docks
  • 600± SF of front and rear office space
  • 94 parking spaces with a ratio of 1.74/1,000 SF
  • Fluorescent lighting throughout with automatic sensors
  • 100% wet sprinkler system

 

Investment Highlights

  • 3.5 undeveloped acres valued at $9,000 – $10,000 per month (per developed acre)
  • Industrial rental comps for Burlington County are averaging $12-$13 PSF NNN
  • Potential gross income of $600,000-$650,000 for existing structure
  • Additional income of $300,000-$350,000 per annum for undeveloped land
  • Located directly off Burlington Pike (Rt 130) and 7 minutes from I-295 & I-95 (NJ Turnpike)
  • 2 miles from the Pennsylvania border
  • 20 minutes to the Port of Philadelphia

 

Equipment Summary

Two 5-ton forklifts , 3 flatbed trucks, 1 trailer, 1 granite crusher, small tools , 3 Bobcats, 1 tractor, 2 box trucks, 1 Ford F-450 pickup truck. All fixed machinery, granite countertop processing, 4 CNC machines, 1 water jet, 2 cranes, 2 bridge saws, 1 water recycling pump, 1 polisher, 7-roll forming machine for composite and roof deck, C & Z purlins, drywall studs and track.

 

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Details

  • Price: $11,500,000
  • Gross SF: 53,870
  • Property Type: Warehouse/Industrial
  • Property Status: Featured, For Sale
  • Block & Lot: 13/8.08
  • Zoning: LI-1
  • Acres: 9
  • City Willingboro
  • State/County New Jersey

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Gabriella Schwalbe, J.D.
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