Building A 225 County Road 522
67,000 SF 40% Leased Industrial Building Manalapan, NJ 07726 $20,638,943 CAD ($308.04 CAD/SF)
EXECUTIVE SUMMARY
Tennent Commons is a Rare Opportunity for an owner/user to buy a stable incoming producing asset in the Central Jersey Market. +/-23,000- +/-43,000 SF available for a User.
Building A-Fully Leased
Tenant #1: Chemy Union: 5,059 SF with 2 Drive In Doors
Tenant #2: K: Sound: 2,534 SF with 1 Tailgate
Tenant #3: K: Sound: 2,534 SF with 2 Tailgates
Ceiling: Approx. 22 Ft
Building B
Currently Edesia Oil will be Vacant for User: 23,000 SF
Garden State Foliage: 21,000 SF with 3 Loading Docs
Big Wave Roofing: 6,700 SF
Remodeled Office Upstairs Vacant for User: 4,232 SF
Ceiling: Approx. 18 Ft
The building has access to Major Highways including NJ Turnpike at Exit 8 (12 miles), Route 9 (1.75 Miles), Route 33 (2 Miles), 1-95 (10 Miles), and Route 18 (7-8 Miles).
Building A-Fully Leased
Tenant #1: Chemy Union: 5,059 SF with 2 Drive In Doors
Tenant #2: K: Sound: 2,534 SF with 1 Tailgate
Tenant #3: K: Sound: 2,534 SF with 2 Tailgates
Ceiling: Approx. 22 Ft
Building B
Currently Edesia Oil will be Vacant for User: 23,000 SF
Garden State Foliage: 21,000 SF with 3 Loading Docs
Big Wave Roofing: 6,700 SF
Remodeled Office Upstairs Vacant for User: 4,232 SF
Ceiling: Approx. 18 Ft
The building has access to Major Highways including NJ Turnpike at Exit 8 (12 miles), Route 9 (1.75 Miles), Route 33 (2 Miles), 1-95 (10 Miles), and Route 18 (7-8 Miles).
PROPERTY FACTS
| Price | $20,638,943 CAD |
| Price Per SF | $308.04 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 5.31 AC |
| Rentable Building Area | 67,000 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- 24 Hour Access
- Fenced Lot
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Electric
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Big Wave Roofing and Solar
- -
- 6,700 SF
- -
- -
- -
- chemyunion
- Wholesaler
- -
- -
- Net
- Sep 2025
- Garden State Foliage
- Retailer
- -
- $21.50 CAD
- Net
- Feb 2029
- KSound
- -
- 5,600 SF
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Big Wave Roofing and Solar | - | 6,700 SF | - | - | - | |
| chemyunion | Wholesaler | - | - | Net | Sep 2025 | |
| Garden State Foliage | Retailer | - | $21.50 CAD | Net | Feb 2029 | |
| KSound | - | 5,600 SF | - | - | - |
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PROPERTY TAXES
| Parcel Number | 28-00026-0000-00012-06 | Improvements Assessment | $6,972,676 CAD |
| Land Assessment | $981,232 CAD | Total Assessment | $7,953,908 CAD |
ZONING
| Zoning Code | I-01 (LI) |
