February 20, 2020 – A 90,000-square-foot Somerset County industrial asset at 68 County Line Road has come available for sale or lease, announced Cushman & Wakefield.
Located on nearly 7.5 acres, the property features approximately 5,500 square feet of office build-out, 18- and 30-foot clear ceilings, four loading docks and one drive-in door, 40’ x 60’ columns in most of the building and 3,000 amps of power – as well as expansion potential – enable 68 County Line Road to serve a range of requirements.
According to Cushman & Wakefield industrial specialist Charles Fern, who is heading the assignment with Jason Barton and Stephen Shoemaker, the location of 68 County Line Road makes it a highly attractive choice for a user or investor seeking a prime infill site in Northern New Jersey.
“This building sits just off Route 22 – a major regional thoroughfare – with easy access to Interstates 78 and 287, near Routes 202 and 206,” Fern said. “It benefits from proximity to the Port of NY and NJ and Newark Liberty International Airport. It also sits within a dense labor pool and offers two commuter rail stations within four miles.”
The New Jersey industrial market is among the most sought-after by tenants and investors alike. According to Cushman & Wakefield research, the region at the close of the fourth quarter had seen 26.6 million square feet of year-to-date industrial leasing, bringing vacancy to another new record low of 2.8%. The commercial real estate services firm projects the local industrial marketplace will remain fundamentally healthy and poised for further growth.