121 Cedar Ln - Medical FOR SALE


Teaneck, NJ 07666
$2,300,000 USD
201-341-5147
121 Cedar Ln, Teaneck, NJ for Sale
$2,300,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

121 Cedar Ln
Teaneck, NJ 07666


HIGHLIGHTS

  • Walking distance to Holy Name Medical Center
  • Immediate access to public transit and Rt 4
  • Prime corner location seeing approximately 15,000 vehicles per day

OVERVIEW

Available for the first time in over 25 years this generational asset offers value-add opportunity for both investors and owner-users. Prime corner location with immediate access to Holy Name Medical Center, highway access, and steps to public transit. A large and diverse tenant roster consisting of mostly mental health practitioners providing for long term stability. Near term upside with many tenants on short-term leases and below market rents also provides flexibility for owner-users and investors alike.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,009 SF

ZONING

B2, Teaneck

APN/PARCEL ID

60-02915-0000-00001

ASK ABOUT THIS PROPERTY

Alex MouzakitisAlexander Anderson Real Estate GroupMore Info
201-341-5147

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Alex MouzakitisAlexander Anderson Real Estate GroupMore Info
201-341-5147

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