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Gateway Business Park 2 Gateway Blvd

705,000 SF of 5-Star Industrial Space Available in Pedricktown, NJ 08067

Highlights

  • Real Estate Taxes just $.49/SF Under PILOT
  • 54’W x 50’D bays (54’x60’ in loading bays)
  • 194 trailer spaces (expandable to 244)
  • 470’ deep cross-dock
  • 99 dock doors (expandable to 177)
  • 166 auto spaces (expandable to 246)

Features

Clear Height
36’
Drive In Bays
4
Exterior Dock Doors
94
Levelers
94
Cross Docks
Yes
Standard Parking Spaces
300

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 705,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • -
  • 2025-03-01

Reduced Taxes/Highly competitive lease rate in a Class A building

  • Includes 11,000 SF of dedicated office space
  • 4 Drive Ins
Space Size Term Rental Rate Space Use Condition Available
1st Floor 705,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial - 2025-03-01

1st Floor

Size
705,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
-
Available
2025-03-01

1st Floor

Size 705,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Condition -
Available 2025-03-01

Reduced Taxes/Highly competitive lease rate in a Class A building

  • Includes 11,000 SF of dedicated office space
  • 4 Drive Ins

Property Overview

This class A, cross-dock warehouse constructed in 2016 is located at the entrance of Gateway Business Park, just .5 miles from I-295 (Exit 7). The building offers tremendous value from a long term PILOT agreement in place through 2036. Under the PILOT, real estate taxes are fixed at just $.49/SF for the next four years, and will increase to just $.58 from 2029-2032. The benefit provides real estate tax certainty and an operating cost savings of approximately $1.00/SF annually. 2 Gateway Boulevard is an efficient 470’ deep cross-dock facility featuring 36’ clear height, ESFR sprinkler system, and LED lighting. The warehouse is currently equipped with 99 loading docks and four drive-in doors. There are 78 potential future loading dock locations currently utilized as trailer parking. These 78 trailer spaces and 116 additional trailer spaces opposite the loading docks provide a current trailer count of 194 spaces, plus approval for 50 additional. Auto parking is also abundant, with 166 existing spaces and approval for 80 additional.

Distribution FACILITY FACTS

Building Size
705,000 SF
Lot Size
22.39 AC
Year Built
2016
Construction
Reinforced Concrete
Sprinkler System
ESFR
Power Supply
Amps: 4,000

Marketing Brochure

More Attachments

2 Gateway Blvd Brochure

About Salem County

In just the past five years, Salem County has seen a surge in leasing by ecommerce platforms, third party logistics firms, and general retailers opening large distribution facilities from which to ship goods throughout the mid-Atlantic.

Thanks to Salem County’s abundance of open land and ease of new construction, large newly delivered distribution facilities rent at significant discounts to those in Northern New Jersey. But via the New Jersey Turnpike, New York City is just a two hour drive from Salem County, and major population centers in Philadelphia and Washington D.C. are an even shorter trip.

These benefits have attracted firms including Jet.com, Five Below, and UPS to open new distribution facilities ranging from 250,000 to 1 million square feet since 2015.

Most of Salem County’s industrial properties are also less than a 15-mile drive from the Port of Wilmington, which handles more imports of fresh fruit and juice concentrates than any other port in North America. New Jersey also ranks among the top five U.S. states for production of crops including Blueberries, Cranberries, Peaches, and Bell Peppers with most of these goods being produced in the southern half of the state.

The area’s booming agricultural sector has helped to attract major food sellers and distributors to Salem County including Goya Foods of South Jersey, which operates and 200,000 square feet distribution center here, along with Argo Merchants which occupies more than 1.1 million square feet of industrial space in Salem County.

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Philadelphia
1,584,138
31
0 h 47 m
Washington
702,455
116
2 h 31 m
New York
8,398,748
120
2 h 36 m
Boston
694,583
323
6 h 41 m
Columbus
892,533
481
9 h 18 m
Charlotte
872,498
514
10 h 10 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
382,430
Total Labor Force
204,703
Unemployment Rate
4.32%
Median Household Income
$70,323
Warehouse Employees
29,296
High School Education Or Higher
92.10%
$ values in USD

Leasing Agent

Leasing Agent

Power Broker
(215) 801-8110
Contact
Hilary Budny, Senior Vice President, Marketing
(215) 801-8110
Contact
Over the course of more than a decade, Hilary Budny has served as a Partner and Senior Vice President at Matrix Development Group, a mixed-use real estate development company based in New Jersey. Her firm has a track record of seeing through ground-up development projects and utilizing a customized approach to complete them on time. In addition, it takes steps to ensure that tenants’ special requirements are met. Hilary Budny also helps the company to fulfill its mission of bringing lasting value to its properties. Matrix’s portfolio comprises industrial, residential, commercial, and mixed-use development projects worth over $1 billion.

In addition to her professional responsibilities, Hilary Budny enjoys US Lacrosse and supports Germantown Academy.
  • Listing ID: 34400163

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 2 Gateway Blvd, Pedricktown, NJ 08067

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