Salem, NJ Warehouse and Industrial Space for Rent - 1 Listing

Search industrial and warehouse property for lease and view the Market Overview section below for local stats and insight.

45 Griffith Street

45 Griffith Street, Salem, NJ
Space Type

Industrial
For Lease

$8.00/SF/YR
1 space available / 92,100 SF
View Details (opens in new window)

Understanding Warehouse and Industrial Listing Rents in Salem, NJ

In Salem, the average asking rent for industrial space can vary significantly due to various factors, such as location, property size, and quality rating.

For example, properties that are located close to high-capacity transport routes or cargo ports are always in high demand, which generally means higher rents. Similarly, larger warehouse or other industrial facility types can incur higher utilities and maintenance costs, which will ultimately be reflected in higher rents.

Class A or higher means tenants get some of the best quality industrial real estate available on the market and it tends to command the highest rents. It might be newly constructed property, or older industrial buildings that have been improved to meet or exceed modern standards.

Meanwhile, Class B and Class C industrial buildings are generally older real estate that lacks some of the most modern amenities. Rents for Class B and Class C properties tend to be lower than the A tier, but due to age might incur higher upkeep and maintenance costs, which can offset the rent savings.

Breakdown of Industrial Buildings in Salem, NJ by Year Built

Before 1950 3
1950 - 2000 1

The data was provided by Yardi Research Data and refers to industrial properties larger than 25,000 square feet.

Breakdown of Industrial Space in Salem, NJ by Year Built

Before 1950 308,969 Sq.Ft.
1950 - 2000 41,125 Sq.Ft.

When weighing the cost-to-quality ratio, consider that several of these factors can work together to balance or offset each other in terms of the final cost to your budget. You can easily reach out to the property listing broker using the contact form available for each listing, to find out more about what each property has to offer.

The Salem, NJ Industrial Real Estate Market at a Glance

Industrial real estate in Salem includes a variety of property types, which can suit businesses of different sizes that operate in various industries. The most common types of industrial property anywhere serve either logistics or manufacturing activities and each of them can offer sub-varieties that offer facilities specialized for particular types of handling or storage.

In Salem, the most common industrial property type on the leasing market is Warehouse/Distribution. Currently, you can find 1 such listing(s) in Salem. Listing sizes for this property type start at 92,100 square feet.

Breakdown of Salem, NJ Industrial Space for Rent by Use Type

Use Type No. of Listings Total Sq.Ft.

Warehouse/Distribution 1 92,100

Finding Industrial and Warehouse Space to Lease Near Me

Trying to find the best industrial space near you for your business needs? PropertyShark is a great platform to find available industrial spaces in your area and makes finding the right home for your company easy. You can quickly filter your search by space or property size, price, or location with the search menu at the top of the page. Additionally, you can use the interactive map search modes to explore the best locations for industrial space in each market of interest. What’s more, you can conveniently reach out to listing brokers for more information about any of the properties that caught your eye, as well as the particularities of their surroundings.

Salem, NJ Warehouse and Industrial Space for Rent - 1 Listing

45 Griffith Street

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