1467 Route 31 Annandale, NJ

Overview

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 1467 Route 31 (the “Property”) for sale.

This two-story building totals 105,074 SF and is situated on a +/- 10.43-acre site with 700 feet of frontage along Route 31. The Property is ideally located immediately at the I-78 interchange (Exit 17), and just 18 miles from the Pennsylvania border in Hunterdon County, one of the wealthiest counties in NJ and in the US ($152,052 average household income).

The Property historically served as as home to Ingersoll Rand, whose full-building net lease is set to expire in July-2022, and the tenant has vacated the premises. As such, this offering presents investors, developers and users with various repositioning opportunities while benefiting from short-term in-place cash flow. However, the building can also be delivered free and clear of the lease encumbrance upon request, providing buyer/user flexibility.

Future Lab Potential | Unique Building Characteristics