Arcade Building (State of NJ Casino Control Commission)
Office | 9.58% CAP | 74,000 SqFt
Marketing description
NNN1031 in conjunction with GSA Realty Advisors, as exclusive advisor to the Seller, presents “The Arcade Building” an 100% leased property anchored by the State of NJ Casino Control Commission. The State of NJ CCC agency has occupied the office portion consisting of floors 1-2 since 1978 (48 Years+/-) of continued occupancy. Additionally there are 4 ground-level retailer tenants that cater to the tourist industry. State of NJ recently signed a new 4 year extension w/10% increase that underscores their commitment to this mission-critical location.
Investment highlights
*CCC Casino Control Commission HQ (State of New Jersey) Guarantor
*Recent 4-year extension (March 2026)
Long-Term Tenancy 48-Years of continued occupancy
Irreplaceable Location
High Probability of Renewal
Future Redevelopment Upside through 33-Story Zoning
Located on Boardwalk within Tourist Zone to All AC Resorts & Casinos
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
