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20 Aquarium Drive - Availability Details

20 Aquarium Drive, Secaucus, NJ 07032

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in 20 Aquarium Drive for sale. Since 2007, 20 Aquarium Drive has been owned and occupied by Business Relocation Services Inc. Upon Sale, the company will lease the building back for 3-years.

20 Aquarium Drive is ideally located at the heart of the Meadowlands with momentary access to the NJ Turnpike/I-95, NYC, Newark Airport, and the Ports of NY/NJ. The Meadowlands is one of the most sought after submarkets in New Jersey due to its proximity to NYC, consumers and labor. The submarket has seen annual rental rate growth of nearly 11% per year since 2016 with the majority of leases within the 30,000 - 100,000 SF range. Totaling 48,612 SF, 20 Aquarium Drive is an ideal size within the submarket. The Property provides investors the opportunity to increase NOI 60% by rolling the leaseback rent to market.

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Location

  • City Secaucus, NJ
  • Zip Code 07032

Highlights

  • - Ideal Location
  • - Compelling Market Fundamentals
  • - Right-Size In The Meadowlands

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