100 Franklin Sq Dr - Office FOR SALE
Somerset, NJ 08873 |
$5,995,000 USD
215-514-1750
100 Franklin Sq Dr
Somerset, NJ 08873
HIGHLIGHTS
- The exterior showcases contemporary architecture, with a marble-quartzite and aggregate facade, horizontal bronze-tinted glass
- An atrium lobby for natural light and open circulation. Controlled access, on-site property management, security systems, signage, air conditioning
- Proximity to a bus line enhance tenant services and usability
- Located along Davidson Avenue in the Franklin Square office park, the building is highly accessible
- Direct access to Interstate 287, the NJ Turnpike, the Garden State Parkway, and I-78.
- Within walking distance of major hotels, fine-dining restaurants, and executive conference facilities, and about 20 minutes from Newark Liberty IA
OVERVIEW
Value-add Class A suburban office building constructed in 1984, offering approximately 106,998 sq ft spread across 4 floors, with each typical floor being about 26,700 sq ft. Situated on around 5.82 acres, the property features +/- 180 surface parking spaces (roughly 4.2 spaces per 1,000 sq ft) and has a key tenant- Raritan Valley Surgical Center.
FOR SALE DETAILS
PRICE
$5,995,000 USD
PRICE/SF
$56 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Franklin Square
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
4
BUILDING CLASS
A
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
180
LAND DETAILS
LAND ACRES
5.82 AC
LAND SF
253,519 SF
ZONING
CB
APN/PARCEL ID
08-00502-02-00039-02
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215-514-1750
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215-514-1750
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