973-299-3083
425 Meadowlands Pky, Secaucus, NJ for Sale
Warehouse - FOR SALE
1/15
null | Request Cap Rate

NEW


425 Meadowlands Pky
Secaucus, NJ 07094


HIGHLIGHTS

  • 55% occupied building with durable in-place cash flow.
  • Value-add lease-up with durable in-place cash flow.
  • Two (2) loading docks with approvals in place to add 4 additional dock doors.
  • 16' Slab to Slab | 30' x 30 column spacing.
  • 229 on-site parking spaces.

OVERVIEW

As exclusive agent, Colliers is pleased to offer for sale 425 Meadowlands Parkway in Secaucus, Hudson County, New Jersey (the “Property”). This two-story light industrial/flex/office facility sits on 5.63 acres in the heart of the Meadowlands submarket. Currently 55% occupied, the Property offers flexibility for both investors and owner-users: the ground-floor space with loading provides a strong value-add opportunity for an investor seeking upside, or immediate occupancy for an owner-user looking to support their business operations. The second floor is fully leased through January 2031 to Unique Designs—the largest jewelry manufacturer in the United States—which utilizes the space as its headquarters. This long-term tenancy provides stable, predictable income for an owner-user or investor. 425 Meadowlands Parkway benefits from exceptional regional connectivity, with immediate access to Midtown Manhattan, the Lincoln Tunnel, the Port of NY/NJ, and extensive mass-transit options. The Property is located within one of Northern New Jersey’s strongest industrial corridors, where shallow-bay vacancy remains below 5% and rents have consistently grown at double-digit rates in recent years. Its proximity to over 21 million consumers within the MSA makes it an ideal location for businesses seeking a highly efficient and centrally connected Meadowlands facility.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

229

LAND DETAILS

LAND ACRES

5.63

LAND SF

245,243

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jacklene CheslerColliersMore Info
973-299-3083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jacklene CheslerColliersMore Info
973-299-3083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.