60 Gordon Drive, Totowa, NJ

​​48,500 SF Sale opportunity – Investment grade single tenant asset

Property highlights

60 Gordon Drive in Totowa, NJ is a 45,800 SF two-story office building with an attached one-story warehouse/manufacturing area on 6 acres. 60 Gordon Drive provides laboratory and high technology improvement for the semi-conductor industry and adaptable for life science and other technologies.

Building specs

• ​Two story office building with courtyard attached to one story warehouse/manufacturing building
• Total building area: 45,800 SF
• Total land area: 6 acres
• Year built: 1975
• Loading: 3 exterior loading docks
• Parking: 61 surface spaces
• Zoning: I-3 restricted industry
• Current use: Commercial laboratory office and warehouse
• Foundation: Reinforced concrete spread footings under column loads with cast-in-place slab-on-grade

• Structural frame: Steel
• Ceilings: Suspended acoustic tiles and exposed structure ceiling in warehouse
• Lighting: Fluorescent and skylights
• HVAC: 5 HVAC units (1 X 30 ton, 1 X 40 ton, 2 X 15 ton, 1 X 20 ton) with a combined capacity of 120 tons
• Sprinklers/life safety: Standard wet pipe, .1/1500 sprinkler capacity, 150,000-gallon sprinkler back-up water tank
• Security: Alarm system and card access
• Electricity: 500KVA, 800Amps PSE&G
• Water & sewer: Borough of Totowa 

Location

Growing demand from Industrial tenants

• The compound annual growth rate for e-commerce sales between 2020 and 2025 is estimated to be around 8-10%. This sustained growth has further increases the demand for “last mile” delivery centers, with Totowa NJ benefiting from this trend due to its strategic location.
• Based on the proximity to New York City and the surrounding suburbs, the Property is well position to offer an alternative location at a more economical price.
• Totowa NJ is well-positioned as a more cost-effective alternative to New York City and immediate suburbs for businesses particularly in the logistics and distribution sectors.

18 Miles
from Lincoln Tunnel

18 Miles
from George Washington Bridge

20 Miles
from Port Newark

22 Miles
from Newark International Airport

                                                                                                                                                                                                                  

	Population	GenZ/Millennial	Education	Average HH Income
3 Miles	108,957	45.9%	44.1%	$152,495
5 Miles	423,273	47.4%	38.2%	$137,520
10 Miles	1,526,381	46.8%	42.1%	$141,711

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Key dates

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Site Assessment Documents