703 Van Rossum Ave

Beverly, NJ

703 Van Rossum Ave

Property Overview

  • Built 1920
  • Clear Height 40,800 SF
  • Dock Doors / Drive-In Doors Nine / Seven
  • # of Suites 10
  • Current Occupancy 91%
  • Weighted Average Lease Term 2.17 years

Beverly, NJ

40,800 SF Value-Add, In-fill Industrial Building With Outdoor Storage

Avison Young is pleased to offer 703 Van Rossum Avenue (the “Property”) for sale to qualified investors. Located in Beverly, New Jersey, the Property consists of 40,800 square feet on 4.37 acres. The building is 91% occupied by nine tenants. With a weighted average lease term of just 2.17 years, and in-place rents less than half of market, 703 Van Rossum Avenue presents a significant value-add opportunity through increasing rents to market.

Property Teaser

703 Van Rossum Ave

Team

Adam Gillespie
Adam Gillespie
Principal, Investment Real Estate Brokerage
Avison Young - US - PA - Philadelphia
2153846040
Ben Fabiszewski
Ben Fabiszewski
Associate
Avison Young - US - PA - Philadelphia
2672222023

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