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Executive Hill Bldg 300 Executive Dr 130,000 SF 90% Leased Office Building West Orange, NJ 07052 For Sale
INVESTMENT HIGHLIGHTS
- Recently renovated lobby, gym, and tenant lounge
- 88% Occupancy represents immediate lease-up upside for a new landlord.
EXECUTIVE SUMMARY
300 Executive Drive has undergone a substantial capital improvement plan over the past five years in order to establish it's position as a best-in-class asset. The three largest tenants—GEICO (19,506 SF), Ampersand (13,056 SF), and Bierman Autism Centers (10,824 SF)—collectively occupy approximately 36% of the rentable area. The balance of the rent roll is well-diversified across smaller tenants, supported by robust leasing activity post-COVID, including 12 new leases signed since the beginning of 2022, demonstrating
it's strong demand.
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Courtyard
- Fitness Center
- Food Service
- Pond
- Property Manager on Site
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
300 Executive Drive is a 129,296 square foot office property located in the heart of the new Essex Green development in West Orange. Located immediately adjacent to a brand new development of luxury townhomes, shopping with tenants like Macy's and Shop Rite, and dining. The location is adjacent to the Prospect Ave interchange of Interstate 280, and only 15 minutes to Newark Airport, 20 minutes to New York City and 10 minutes to downtown Newark. The building has newly renovated lobby and common area spaces. It also features a tenant lounge with a complimentary breakfast bar, television lounge, library, private conference areas and huddle rooms, billiards, and ping pong.
300 Executive Drive is a 129,296 square foot office property located in the heart of the new Essex Green development in West Orange. Located immediately adjacent to a brand new development of luxury townhomes, shopping with tenants like Macy's and Shop Rite, and dining. The location is adjacent to the Prospect Ave interchange of Interstate 280, and only 15 minutes to Newark Airport, 20 minutes to New York City and 10 minutes to downtown Newark. The building has newly renovated lobby and common area spaces. It also features a tenant lounge with a complimentary breakfast bar, television lounge, library, private conference areas and huddle rooms, billiards, and ping pong.
| Space | Size | Space Use | Condition | Available |
| Lower Level | 1,821 SF | Office | Partial Build-Out | 30 Days |
| 1st Floor | 6,421-12,944 SF | Office | Full Build-Out | Now |
Lower Level
| Size |
| 1,821 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size |
| 6,421-12,944 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level
| Size | 1,821 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
300 Executive Drive is a 129,296 square foot office property located in the heart of the new Essex Green development in West Orange. Located immediately adjacent to a brand new development of luxury townhomes, shopping with tenants like Macy's and Shop Rite, and dining. The location is adjacent to the Prospect Ave interchange of Interstate 280, and only 15 minutes to Newark Airport, 20 minutes to New York City and 10 minutes to downtown Newark. The building has newly renovated lobby and common area spaces. It also features a tenant lounge with a complimentary breakfast bar, television lounge, library, private conference areas and huddle rooms, billiards, and ping pong.
1st Floor
| Size | 6,421-12,944 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
300 Executive Drive is a 129,296 square foot office property located in the heart of the new Essex Green development in West Orange. Located immediately adjacent to a brand new development of luxury townhomes, shopping with tenants like Macy's and Shop Rite, and dining. The location is adjacent to the Prospect Ave interchange of Interstate 280, and only 15 minutes to Newark Airport, 20 minutes to New York City and 10 minutes to downtown Newark. The building has newly renovated lobby and common area spaces. It also features a tenant lounge with a complimentary breakfast bar, television lounge, library, private conference areas and huddle rooms, billiards, and ping pong.
PROPERTY TAXES
| Parcel Number | 22-00155-0000-00042 | Improvements Assessment | $0 CAD |
| Land Assessment | $151,319 CAD | Total Assessment | $151,319 CAD |
PROPERTY TAXES
CONTACTS
-
Andrew Schwartz -
Andre Balthazard -
Jordan Sobel -
Daniel Bottiglieri -
Cushman & Wakefield
Presented by
Executive Hill Bldg | 300 Executive Dr
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