"Situated in the Central Union County Submarket, the portfolio at 400-450 Swenson Drive is zoned for scientific research and lab work, recreational use, office, industrial warehouse use or manufacturing operations," stated Wiklinski. "This portfolio, which is available for lease either individually or together as a packaged deal, would be the ideal location for a wide variety of users, from pharmaceutical companies, small manufacturing operations or auto/trucking repair operations."
Built in 1966, 400 Swenson Drive is a 12,817-square-foot facility that is situated on a .86 acre lot, which is comprised of 6,000 square feet of newly renovated office space and 6,817 square feet of industrial/warehouse space. The single-story free-standing building features air conditioned office space, 12' ceiling heights, heavy floor loads, a storage room with explosion proof fixtures, state-of-the-art exhaust and ventilation systems, gas heat, three drive-in doors and an on-site parking lot with capacity for up to 52 cars.
The listings at 450 Swenson Drive include two buildings that total 4,020 square feet of office and industrial space. The larger of the two is a 2,397-square-foot free-standing facility that is situated on .42 acres and features a cinderblock and steel constructed repair garage/storage facility, 23' ceiling heights, four large drive in doors, two of which have drive-thru capabilities, a service mezzanine and 500 square feet of office space on two levels. The second asset listed at 450 Swenson Drive is a 1,623-square-foot free-standing single-story brick office building, which includes central air conditioning and thirteen surface parking spaces.
"We believe that the portfolio located at 400-450 Swenson Drive will attract a number of prospective tenants that are looking for a competitively priced property which is well-located and is within close proximity to the state's major thruways. The entire portfolio is less than one mile from the Garden State Parkway and Route 22 and is less than ten miles from Newark International Airport and the ports of Newark and Elizabeth creating a tremendously convenient and desirable location for a number of potential users. We are confident the assets listed will see a new occupant very soon," said Verducci.
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company's Hackensack office at 201-488-5800 or visit www.naihanson.com.