3 Adp Blvd - Office/Residential FOR SALE


Roseland, NJ 07068
$15,700,000 USD
646-220-9330
3 Adp Blvd, Roseland, NJ for Sale
$15,700,000 USD
Office/Residential - FOR SALE
1/18
null | 8.5% Cap Rate

3 Adp Blvd
Roseland, NJ 07068


HIGHLIGHTS

  • Excellent money maker with 8.5 % CAP rate
  • National tenant , public comany with corporate guarantee
  • Tenant just invested $3,75 mill in renovation

OVERVIEW

Perfect money maker , great for 1031 TDE, NN+ net leased bldg with 8.5% cap, national tenant! TENANT: : DISH Network, ECHOSTAR Corp. (NASDAQ: SATS) EchoStar Corporation is an American telecommunications company, specializing in satellite communication, wireless telecommunications, and internet services. Echostar also provides multichannel video programming and mobile services through its subsidiaries: Dish Network, Boost Mobile, Sling TV, EchoStar Mobile, and Hughes Network Systems. Originally establishing the Dish Network brand name in 1996, EchoStar later acquired Dish as a wholly owned subsidiary in 2023. EchoStar made its debut on the Fortune 500 list in 2024, ranking #242. Its main competitor is DirecTV, who failed to acquire Dish Network in 2024. Asking price :  $ 15,700,000 NOI Net Operating income :$ 1,335,769 CAP rate : 8.5%  Building size : 81,134 sf, Lot :5.7 acres  Location : Rosaland , New Jersey , USA  Built :1978/2014/2024 Tenant : DIRECT TV (TPG (NASDAQ: TPG) (DISH  Network LLC )( Satellite Tv / 5G network provider) , public company EchoStar Corp.)) Lease type : NN Double net lease, corporate guarantee  Renovation for $3,753,000 done by the tenant in 2024. Lease term : New 5 years lease ending 2029 with two 5 years renewal options  Rent escalation 2% annually  CONTACT directly : melinda@tf-realty.com; 646-220-9330

FOR SALE DETAILS

PRICE

$15,700,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DISH Network - 8.5% cap, great for 1031TE

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

283

LAND DETAILS

LAND ACRES

5.7 AC

LAND SF

248,292 SF

ZONING

OB-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Melinda NamathTerra Firma Realty Inc.More Info
646-220-9330

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Melinda NamathTerra Firma Realty Inc.More Info
646-220-9330

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