For Sale
$8,900,000

35 Technology DrWarren, NJ 07059

Class B Office Building, 107,483 SF, 6.68 Acres

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional commercial property, located at 35 Technology Drive in Warren, New Jersey (07059), presents a compelling investment opportunity. The two-story Class B office building boasts a substantial 107,483 square feet of gross building area, situated on a generous 6.68-acre lot. Currently configured into three units, the building offers significant potential for expansion and increased occupancy. The property's zoning is versatile, encompassing General Office, Research Labs, Warehousing, Data Centres, Schools, Medical Office, Catering Facilities, Fabrication, and other uses, providing flexibility for a wide range of businesses. The seller recently completed a $380,000 improvement program, encompassing upgrades to the building lobby and a complete white-boxing of the second floor, designed to attract new tenants and enhance leasing prospects. Currently, 44% of the building is leased. A convenient loading dock is situated at the side of the building for efficient logistics. The asking price for this significant property is $8,900,000. This presents a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving New Jersey market. The property's size, flexible zoning, and recent improvements make it an attractive investment for both short-term and long-term growth.

Property Details for 35 Technology Dr

Property type
Office properties, Land

Location Insight

City
Warren
County
Somerset
State
New Jersey
Latitude
40.6312478
Longitude
-74.5076485
35 Technology Dr, Warren, New Jersey

FAQs

What type of property is this?
Office property - Class B Office Building, 107,483 SF, 6.68 Acres
Where is the office property located?
The property is located at 35 Technology Dr Warren, NJ.
What is the asking price?
The asking price for this property is $8,900,000.
How can I contact the broker?
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35 Technology Dr
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