New Jersey Medical & Office Building, Northeast Region

Property Description

New Jersey Medical & Office Building

Perfect for Investors/Developers/Owner Occupied

Zone : B1 Office and Multi-family

Located right on a busy Highway

New CVS Building just came in 1.5 block away from Bldg

More new construction and new high end retail stores coming in

5-7 minutes to downtown busy prestigious train station.

Downtown and train station has new condos

Township planning on downtown redevelopment planv Highlights :
Low expenses and income generating bldg., Cap Rate 6 % !

1st Floor Medical office just extended 5 years lease 2019-2024 paying 50 % of building expenses (CAM)

The doctor is installing new flooring on the entire 1st floor and new paint

New 2019 brand new 4 parking lot LED with foto cell light poles

Possible to convert to multi-family

18 private on-site parking with residential non-meter parking next to bldg

Tenants pay all utilities and responsible for all cleaning hallway, bathrooms etc.

All office are updated with dropdown ceiling

Every office suite has window(s), nice, bright and quiet

4 separate gas and electric meters which tenants control and pay all utilities

Yard has Sprinkler system

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Medical - Healthcare For Sale

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