900 Durham Avenue South Plainfield, NJ

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 900 Durham Avenue, South Plainfield, New Jersey for sale. Totaling 31,800 SF on 3.52 acres, 900 Durham Avenue is ideally located on the I-287 on-ramp (Exit 4) and provides a new owner with multiple paths to create value via reposition/lease the existing building, or redevelop the site for industrial or retail use. The Site benefits from its location at a traffic light controlled intersection of Durham Avenue and Hadley Road. Currently occupied by GE Healthcare through 2025, the Property will be sold vacant.

Located one-turn off I-287 Exit 4, 900 Durham Avenue is minutes from the NJ Turnpike/I-95, I-78, Route 1&9, 202/206, 22, 18, and 28, the Ports, and NYC. Additionally, the Property offers visibility to the +/-41 MM vehicles which drive past each year, and the 11.4 MM consumers within a 60-minute drive. The I-287/Exit 10 industrial submarket continues to see strong tenant demand with +18.6 million square feet of leasing activity over the last five years. The building is of an ideal size with a weighted average occupancy of 98% in buildings <50,000 SF since 2020.

Currently occupied by GE Healthcare, the property will be delivered vacant. Originally constructed in two phases (1972 and 1989), the 31,800 SF building includes a combination of laboratory space, warehouse, office and storage areas. GE Healthcare and its predecessor utilized 900 Durham Avenue to manufacture and distribute diagnostic pharmaceuticals since 1972.

Investment Highlights