North Jersey Value-Add Opportunity | Phillipsburg, NJ


Sands Investment Group is Pleased to Exclusively Offer for Sale a 6,458 SF North Jersey Value-Add Opportunity Building Located at 1000 Coventry Drive in Phillipsburg, NJ. This Deal Includes the Market Rent That is $20 Per Square Foot Range; Presenting an Opportunity to Add Immediate Value With Leasing the Building, Providing For a Secured Investment.

  • Market Rent is in the $20 Per Square Foot Range; Presenting an Opportunity to Add Immediate Value With Leasing the Building
  • The Building Was a Former Cardiology Practice For 15 Years; The Building Could Be a Strong Fit For Medical Being Just Over a Mile Away to Saint Luke’s Warren Campus Hospital
  • The Township Has Shown Openness to Switching the Current Zoning to Allow For Multi-Family at the Site
  • Currently Zoned – PO (Professional Office) With Township Willing to Discuss Rezoning
  • Two Story Building; First Floor is About 4,500 Square Feet and Second Floor is about 2,000 Square Feet

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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