230 Belmont Drive Somerset, NJ

Execute CA

The Offering

Address

230 Belmont Drive
Somerset, NJ 08873

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer 230 Belmont Drive in Somerset NJ for sale. Fully leased to Packaging Exchange through June-2028, the newly constructed 152,175 SF industrial property offers 36’ clear, 30 loading positions, and 106 car parks.

230 Belmont Drive is minutes from I-287, Route 22, I-78 and the NJ Turnpike (I-95) offering regional access to dense labor pockets, affluent C-suite communities within NJ’s “wealth belt”, and nearly nine million consumers within a one-hour drive time. The immediate submarket is home to the global “Who’s Who” of occupiers including Amazon, Best Buy, Kuehne + Nagel, Louis Vuitton, Nissan, Americold, Ferrero, and more.

230 Belmont Drive represents a rare Northern NJ core offering within the highly sought after Somerset / I-287 submarket, where asking rents exceed $18.25 PSF and less than 9% of the total inventory has been built in the past five years.


Investment Highlights

• RARE NNJ CORE OPPORTUNITY

• IDEAL LOCATION FOR LOGISTICS OCCUPIERS

• RESILIENT SOMERSET / I-78 SUBMARKET FUNDAMENTALS

Location Map

Sales Inquiries

Tri-State Capital Markets

H. Gary Gabriel

H. Gary Gabriel

Executive Vice Chairman
+1 201 460 3352 gary.gabriel@cushwake.com
Ryan Larkin

Ryan Larkin

Managing Director
+ 1 201 460 3346 ryan.larkin@cushwake.com
Bill Baunach

Bill Baunach

Senior Financial Analyst
+ 1 201 508 5311 bill.baunach@cushwake.com