ITrend Mobile Leases 7,467 SF Industrial Space At 1 County Road Secaucus From Bhasin Properties
1 County Road
$19
$19/SF
Building Size
7,467 SF
Asset Type
Industrial
Closing
Mar 1, 2026
AI
The leased asset is an industrial facility located at 1 County Road in Secaucus, featuring a single net lease structure with an asking rent of $19 per square foot for a total of 7,467 square feet. The property has 32-foot clear heights, fully column-free design, and climate-controlled warehouse space, providing strong regional access.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $141,873
- Address: 1 County Road
- Market: Secaucus
- Landlord: Bhasin Properties
- Tenant: iTrend Mobile
- Broker: Eduardo Lopez - Lee & Associates
- Lease Type: Single Net Lease
- Square Footage: 7,467
- Asking Rent: $19/ft
eduardo lopez represented the tenant itrend mobile in this transaction facilitating acquisition of a high-functioning industrial facility. deal reflects ongoing demand for functional spaces northern new jersey market.>
Players
Secaucus Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
834894.74%
Cash-on-Cash
-238615.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93