612 Gravelly Hollow RdMedford, NJ 08055

This exceptional 16,542-square-foot industrial property, located at 612 Gravelly Hollow Road in Medford, New Jersey (08055), presents a compelling investment opportunity for owner-users or investors. The property, encompassing a single, one-story building, features a flexible layout ideal for a variety of uses. Currently operating at 80% occupancy with four tenants under a NNN lease structure, this multi-tenant property offers significant income potential. Recent renovations in 2023 included new windows, doors, HVAC systems, and a complete roof replacement. The building boasts ceiling heights ranging from 10 to 15 feet, providing ample vertical space. Loading and access are facilitated by one loading dock and one dock-high door. The property is zoned PI and allows for rent bumps. With a net rentable area of 7,000 square feet and five total units, this property offers a unique blend of income generation and potential for expansion or customization. The asking price is $1,650,000. This is a rare opportunity to acquire a well-maintained, recently renovated industrial property in a desirable New Jersey location. Don't miss out on this chance to secure a strong investment with immediate income potential.