Meridian Capital Group
Meridian Investment Sales

130 Moonachie Avenue

130 Moonachie Avenue


Meadowlands Industrial District

87-DOOR CROSS DOCK FREIGHT TERMINAL

Asking Pricing $30,000,000
Type Industrial Warehouse
Neighborhood Meadowlands Industrial District
Properties 1
Lot Size 336,748 SF / 7.731 Acres
Zoning Code Light Industrial B (LIB)
Size 63,933 SF
Stories 1
Units 6

Investment Highlights:

Meridian Investment Sales is pleased to present exclusively 130 Moonachie Avenue, a prime industrial warehouse situated on over 7.7 acres in the highly desirable industrial enclave of Carlstadt, New Jersey. The building is fully occupied at rents substantially below market with leases expiring as early as 2019 and going until 2024, presenting an excellent opportunity to reposition the existing asset. The property is currently configured as an 87 door cross dock freight terminal, a non-conforming use under the current code. Given that new truck terminals are no longer permitted while demand continues
to surge for truck terminals, buildings of this nature are able to command a significant rental premium.

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