360 Milltown Rd - R&D FOR SALE


Bridgewater, NJ 08807
$8,947,214 USD
267-847-4766
360 Milltown Rd, Bridgewater, NJ for Sale
$8,947,214 USD
R&D - FOR SALE
1/2
null | 7% Cap Rate

360 Milltown Rd
Bridgewater, NJ 08807


HIGHLIGHTS

  • Strong Corporate Tenancy
  • Brand New 10-Year NNN Lease
  • High-Income, Dense Demographic Base

OVERVIEW

Surmount is pleased to present the exclusive listing for an Avnos, Inc. located at 360 Milltown Road, Bridgewater, NJ 08807. The site consists of roughly 18,605 rentable square feet of building space on an estimated 6.42-acre parcel of land. This Avnos, Inc. is subject to a 10-year Triple Net (NNN) lease, which commenced 9/1/2024. The current annual rent is $626,305 and has scheduled increases of 3.50% annual increases.

FOR SALE DETAILS

PRICE

$8,947,214 USD

PRICE/SF

$515 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Avnos, Inc.

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.42

LAND SF

279,655

ZONING

C-3

APN/PARCEL ID

06-00165-0000-00002

ASK ABOUT THIS PROPERTY

Ryan DuffySurmountMore Info
267-847-4766

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Ryan DuffySurmountMore Info
267-847-4766

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