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300 Executive Dr
West Orange, NJ 07052

Price Upon Request

Office For Sale • 130,000 SF

Property Details

Property Type Office
Total Building Size 130,000 SF
Lot Size 8.68 AC
Building Class B
Year Built 1984
Tenancy Multiple
Zoning OB-1

0 Transit Score

10 Walk Score

                
                    Highlights
                
                                Executive Hill Building is 94% occupied and anchored by GEICO, Ampersand, and Bierman, alongside a well-diversified base of smaller tenants. 
                            
                                Optimally located near I-280 and the recently renovated Essex Green Shopping Center, a main retail and lifestyle hub in Essex County.
                            
                                Prime investment as only three tenants occupy 10K SF, with each of the other 16 tenants occupying 4.3K on average, limiting vacancy risk.
                            
                                Tenant industries vary from legal, telecommunications, insurance, finance, and medical, limiting exposure to any one industry's volatility.  
                            
                                Affluent area with 37.6% of households earning over $200,000 per year and 66% of residents holding at least a bachelor’s degree within 1 mile. 
                            
                                Built-in upside with many leases featuring below market rent with a building average rent of $23.49 PSF versus $25.50 market rent.

Amenities

Conferencing Facility
Courtyard
Fitness Center
Food Service
Pond
Property Manager on Site

Public Transportation

Commuter Rail	Drive	Walk	Distance
Orange (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	9 min	-	3.3 mi
Highland Avenue (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	9 min	-	4.2 mi
Airport	Drive	Walk	Distance
Newark Liberty International	23 min	-	13.3 mi
LaGuardia	52 min	-	33.4 mi
John F Kennedy International	61 min	-	36.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	494
Type:	Surface
Included in Rent:	Yes

Jordan Sobel 908-420-4665 Cushman & Wakefield

300 Executive Dr West Orange, NJ 07052