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1320 Parkway AveEwing Township, NJ 08628

8,340 SF Free-Standing Building, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 8,340-square-foot free-standing building presents a unique investment opportunity in Ewing Township, New Jersey. Located at 1320 Parkway Ave, near Scotch Road, this single-story, Class B property offers versatile space ideal for traditional office use or a daycare center, as indicated by its zoning as "Town Center". Built in 1977 and extensively renovated in 2020, the building boasts a modern feel despite its established history. The property features no elevators, reflecting its single-story design. Its prime location offers significant advantages. The building is situated adjacent to the Suburban Square Shopping Center, a fully occupied center with a diverse and successful tenant mix. Furthermore, its proximity to new residential developments promises a growing customer base and increased demand for the available space. The property's APN is 02-00365-0000-00012. This is a rare opportunity to acquire a well-maintained, adaptable property in a thriving area of Ewing Township, offering significant potential for a variety of businesses. The building's recent renovations ensure modern functionality and appeal, making it an attractive option for both office and daycare operators. The strategic location, coupled with the surrounding development, makes this a compelling investment prospect.

Highlights

  • Prime location adjacent to Ewing Town Center, with 1,100 new residential units rapidly leasing up.
  • 1-bedroom apartments command rents from $2,300 to $2,900 (currently no 1-bedroom units available).
  • Marketing materials for the project are attached.
  • Adjacent Suburban Square Shopping Center features a new 23,000 SF Capital Health facility, including a 10,000 SF training center for over 100 daily employees.
  • An additional 75-100 employees will staff the primary care section of the Capital Health facility.
  • Suburban Square boasts 100% occupancy with a diverse mix of national and local tenants.

Property Details for 1320 Parkway Ave

Property type
Specialty properties, Day care centers & nurseries
RSF (Rentable sq. ft)
8,340 SF
Class
B
Year Built/Renovated
1977/2020
Buildings
1
Stories
1

Unit(s) available at that property

Space
Space 1
Size
8,340 SF

Location Insight

City
Ewing Township
County
State
New Jersey
Latitude
40.264857783798
Longitude
-74.804270690687
1320 Parkway Ave, Ewing Township, New Jersey

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1320 Parkway Ave
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