1 Laurel Dr - Office FOR SALE


Flanders, NJ 07836
$3,600,000 USD
908-303-8507
1 Laurel Dr, Flanders, NJ for Sale
$3,600,000 USD
Office - FOR SALE
1/5
null | 4.97% Cap Rate

1 Laurel Dr
Flanders, NJ 07836


OVERVIEW

Prime B Class Office Building with secured single tenant with 5 year lease. This property features large acreage with possible expansion possibility. On major transportation route and just minutes to I-80 interchange. Huge upside in CAP when building is converted to NNN for next tenant. Fully updated and superbly maintained with 125 paved parking spots and monument signage.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

4.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 1

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

5.87 AC

LAND SF

255,697 SF

ZONING

L-1

APN/PARCEL ID

14-00505-0000-00012,27-05401-0000-00025

ASK ABOUT THIS PROPERTY

Richard BurgstresserTurpin Real Estate, Inc.More Info
908-303-8507

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Richard BurgstresserTurpin Real Estate, Inc.More Info
908-303-8507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.