RARE OPPORTUNITY
A well-maintained and fully-occupied office building in Bergen County, New Jersey with strong cash-flow, and 5.8 years weighted average lease term (WALT).
STRONG ATTRIBUTES
Key building features include:
• A two-story atrium with granite and glass finishes
• Two (2) passenger elevators
• Ample amount of parking with 375 surface spaces
• Lower level storage plus rooftop cellular phone towers providing additional income
FIRST SALE IN 27 YEARS
The building was constructed in 1999 and has been owned by the same owners since then.
STRONG TENANCY
The building has been fully occupied since 2022, featuring (7)
seven tenants from various industries, including financial services, consulting, healthcare, and real estate, with Spencer Savings Bank as the anchor tenant.
SUPERIOR ACCESSIBILITY & LOCATION
The property is situated in an office park with a four-way traffic light, just off Exit 61 of Route 80, and minutes from Route 46 and the Garden State Parkway. It is also 12 miles from the George Washington Bridge and New York City.