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
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.