Updated on April 15, 2020 at 6:38 pm
Garden State Realty is pleased to exclusively present 224 South Jefferson Street, a 100% occupied ±31,427 Square Foot Industrial/Flex building on ±.83 Acres in Orange, New Jersey. This multi-tenant building has historically low vacancy and is divided into eleven units ranging in size from ±300 SF to ±6,700 SF. Lease types are a combination of Gross and Modified Gross. The building is situated in Northern New Jersey along Route 280 where vacancy rates are low, rental rates are increasing, and net absorption is positive. The subject property is conveniently located with highway access to Route 280 and the Garden State Parkway within minutes.
The local area has undergone a great deal of redevelopment in recent years and represents a potential opportunity for a developer to reposition the asset.
224 South Jefferson Street, Orange, NJ 07050
