1 Wilson Dr - Medical FOR SALE


Sparta, NJ 07871
$2,850,000 USD
201-874-8690
1 Wilson Dr, Sparta, NJ for Sale
$2,850,000 USD
Medical - FOR SALE
1/12
null | 8.28% Cap Rate

1 Wilson Dr
Sparta, NJ 07871


HIGHLIGHTS

  • 100% occupied, income-producing asset
  • Diversified tenant mix (medical and government)
  • NNN + gross lease structure
  • In-place cash flow with future rent growth
  • Turnkey investment opportunity

OVERVIEW

Fully leased investment opportunity featuring a strong mix of medical, professional, and government tenancy in Sparta, New Jersey. 1 Wilson Drive consists of approximately 11,098 square feet and is situated within a well-established professional business park just off Route 15, providing convenient access throughout Sussex, Morris, and Warren Counties. The property offers investors immediate in-place income through a combination of NNN and gross lease structures, reimbursement income, and scheduled rent increases. The building is currently 100% occupied and benefits from a history of long-term tenancy, providing stable cash flow and an attractive cap rate with future income growth potential. An excellent opportunity to acquire an income-producing asset in one of Sussex County's most established professional office locations.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

8.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

E-D

APN/PARCEL ID

18-12006-0000-00024

ASK ABOUT THIS PROPERTY

Heidi DelahantyRE/MAX Platinum GroupMore Info
201-874-8690

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Heidi DelahantyRE/MAX Platinum GroupMore Info
201-874-8690

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