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1920 S 12th St
Folsom, NJ 08037
For Lease
PROPERTY FACTS
Property Type | Land | Proposed Use |
Commercial
|
Property Subtype | Industrial |
Property Type | Land |
Property Subtype | Industrial |
Proposed Use |
Commercial
|
Property Overview
1920 S 12th Street is a 30-acre developed industrial parcel with 35,000 square feet of structures strategically located in the Atlantic City market. This is a prime industrial location with nearby access to major roadways such as Atlantic City Expressway, Route 322 and Route 30 providing access to Atlantic City in 25 minutes, Philadelphia in 45 minutes and Wilmington, DE in 60 minutes. The corridor is growing as Atlantic City contains over 9 million square feet of industrial space centered around logistics and warehousing spaces. Hammonton and the surrounding areas have seen over 70,000 square feet of new industrial developments delivered and the market is trending upwards with market rents rising and vacancy edging downward at and below 3.8%. The property is serviced by rail and has most currently been used as a concrete and stone production facility.
Highlights
- Located in one of the most active markets for industrial development and sales in the northeast corridor.
- Local and regional markets have a growing need for industrial and warehousing space.
- Situated near major highways and interstates ready access to Philadelphia, Atlantic City, and Hammonton markets.
- Includes approximately 10 acres of improvements and 20 acres of undeveloped area ready for future growth.
Listing ID: 26737792
Date on Market: 9/29/2022
Last Updated:
Address: 1920 S 12th St, Folsom, NJ 08037