973-292-4624
20 Craig Rd, Montvale, NJ for Sale
Medical - FOR SALE
1/5
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20 Craig Rd
Montvale, NJ 07645


HIGHLIGHTS

  • Strong Investment Fundamentals
  • Desirable Bergen County Location
  • Advantageous Building Attributes

OVERVIEW

As exclusive agent, Cushman & Wakefield in pleased to offer a 100% fee interest in 20 Craig Road, Montvale, New Jersey 07645 for sale. This asset features a +/- 29,898 SF Flex/Office Building on 2.97 acres that is 100% leased to JURA, Inc. through December 2030. JURA is a Swiss-based maker of automatic coffee machines, and 20 Craig Road serves as their North American Headquarters. The tenant uses 20 Craig Road for many different facets of their business including a showroom, customer support center, machine maintenance and warranty center, warehouse, executive offices, and their “Jura Live” studio, which allows employees to interact with customers over a live video feed in the office. Approximately 50 employees work out of 20 Craig Road. JURA has been at this site since 2015 and recently executed a lease extension showcasing their continued commitment to this location. This offering represents the opportunity for an investor to acquire a stabilized, “mission critical” business location in a highly desirable enclave of Bergen County.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.97 AC

LAND SF

129,373 SF

ZONING

OR3, Montvale

APN/PARCEL ID

36-01902-0000-00011

ASK ABOUT THIS PROPERTY

Andrew SchwartzCushman & WakefieldMore Info
973-292-4624

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Andrew SchwartzCushman & WakefieldMore Info
973-292-4624

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