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Industrial Flex Sale in Whippany, NJ at 628 Route 10 for $4,088,000

Successful Sale of 628 Route 10

The successful sale of the industrial flex property at 628 Route 10, Whippany, NJ, marks a significant milestone in the commercial real estate market. Our team played a pivotal role in facilitating this transaction, ensuring a seamless process for both the buyer and seller.

Sale Overview

Key features that made this property attractive include its strategic location and versatile industrial flex design.

  • Sale Price: $4,088,000

  • Address: 628 Route 10, Whippany, NJ

  • Asset Class: Industrial Flex

  • Price per Square Foot: $146.00

Building Specifications

The building at 628 Route 10 boasts a robust structure with modern facilities that cater to various industrial needs.

  • Year Built: 2000

  • Number of Stories: 2

  • Lot Size: 50,000 SF

  • Building Size: 28,000 SF

Location Benefits

Whippany, NJ, is renowned for its vibrant commercial activities and strategic positioning within the state. The neighborhood offers a blend of business efficiency and community charm. Notable attractions include the Whippany Railway Museum and the bustling commercial hub at Eisenhower Parkway. The property’s location offers unparalleled connectivity to key intersections and transportation hubs, including I-287 and Route 10, making it a prime spot for industrial operations.

Sale Details

  • Proximity to Major Highways: The property is conveniently located near major highways, ensuring easy access for logistics and transportation.

  • Public Transportation: Close to train stations and bus lines, enhancing connectivity for employees and clients.

  • Thriving Business Environment: Situated in a bustling commercial district with notable businesses like Whippany Business Center nearby.

  • Neighborhood Reputation: Known for its industrial prowess and business-friendly atmosphere.

Market Analysis

  • Full Price: $4,088,000

  • Price per SF/BSF: $146.00

  • Buyer: Confidential Private Investor

  • Seller: Douglas Properties,628 RT.10, LLC

Conclusion

The sale of 628 Route 10 underscores the property's key selling points, including its strategic location, modern facilities, and adaptability for various industrial uses. This transaction highlights our company's expertise and commitment to facilitating successful commercial real estate ventures.

628 NJ-10, Whippany, NJ 07981, USA

For inquiries or further information, please contact our office.

Christian Peter

Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.

With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.

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Phone : (305) 987-3053

Address : 929 Alton Rd Ste 500, Miami Beach, FL 33139