186 W Veterans Hwy - Office FOR SALE


Jackson, NJ 08527
$2,695,000 USD
732-995-5611
186 W Veterans Hwy, Jackson, NJ for Sale
$2,695,000 USD
Office - FOR SALE
1/9
null | 4.78% Cap Rate

186 W Veterans Hwy
Jackson, NJ 08527


HIGHLIGHTS

  • Generator
  • Office/Professional
  • Locker Room with Shower
  • Laundry
  • Storage
  • Conference Room

OVERVIEW

Professional building, built in 2011 with approximately 7200 sf on just under an acre for sale near the center of town in Jackson NJ. The offering provides investors with immediate contractual income supported by a medical anchor tenant, while maintaining additional revenue growth potential through lease-up or occupancy of the available professional suite. The building is about 86% leased by a well-established medical tenant (orthodontist) with a modified NNN lease for a steady income stream. The first floor is a 4114-sf orthodontic office. There is a large reception area with carpet, 2 restrooms with porcelain tile, and most of the flooring in the office is commercial vinyl planking. The second floor has approximately 1620 sf designed as flexible sharable space, including a large conference room, kitchenette, laundry room, business office and restrooms. The second floor has carpet and porcelain tile. The front stairwell leads to the available space (approximately 1000 sf), and the orthodontic office uses the rear stairwell. The third-floor is an unfinished walkable attic with the mechanicals, and offers additional storage as well.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

4.78%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,325 SF

ZONING

NC

APN/PARCEL ID

12-11801-0000-00077

ASK ABOUT THIS PROPERTY

Miriam FurlongTyfur, LLCMore Info
732-995-5611

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Miriam FurlongTyfur, LLCMore Info
732-995-5611

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