1010 Rose Ave - Flex FOR SALE


Runnemede, NJ 08078
$1,698,000 USD
901-428-6340
1010 Rose Ave, Runnemede, NJ for Sale
$1,698,000 USD
Flex - FOR SALE
1/37
null | 5.4% Cap Rate

NEW


1010 Rose Ave
Runnemede, NJ 08078


HIGHLIGHTS

  • 5 mins from Interstate 295.
  • 2 minutes from Exit 3 to NJTP .
  • Updated HVAC and Electric Services in the past 10 years.

OVERVIEW

After 25 years of operation, the owners are retiring and offering their fully leased multi-tenant flex building for sale. The property is comprised of six (6) individual units, with unit sizes as follows: Unit A (1800+/- SF), Unit B (2700 +/- SF), Unit C (2700 +/- SF), Unit D (1200 +/-SF), Unit E (800 +/-SF), and Unit F (3000 +/- SF). Unit B can be broken down further into B1 (750 +/- SF) and B (1950 +/- SF). The asset benefits from excellent highway access, located approximately 2 minutes from Exit 3 of the New Jersey Turnpike and 5 minutes from I-295. The property offers flexibility for an owner-user to occupy space or for an investor to continue operations as an income-producing asset, supported by a diverse and stable tenant mix. Deposit required in escrow for financials.

FOR SALE DETAILS

PRICE

$1,698,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broadway Business Center

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

8

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.63

LAND SF

27,591

ZONING

LI

APN/PARCEL ID

30-00023-0000-00002-01

ASK ABOUT THIS PROPERTY

Walt W. WashingtonBroadway Business CenterMore Info
901-428-6340

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Walt W. WashingtonBroadway Business CenterMore Info
901-428-6340

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