80 Cottontail Ln - Office FOR SALE
Somerset, NJ 08873 |
80 Cottontail Ln
Somerset, NJ 08873
HIGHLIGHTS
- Award-winning Class A building named “Building of the Year” in May of 2000 and “Office Building of the Year” in November of 1999.
- Value-add opportunity currently ±66.82%-occupied by 13 tenants, with significant upside in renting out remaining vacant units.
- Excellent highway connectivity, with easy access to I-287, Route 22, and Route 202/206.
- Nearby national tenants include RWJ Barnabas, PSE&G, Concentra Health, Liberty Mutual Insurance, Michaels, Marshalls, Costco, CVS, and Target
- No tenant occupies more than 16% of the gross leasable area, providing for risk diversification.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
DiSaronno Plaza
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
88312
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
329
LAND DETAILS
LAND ACRES
5.4 AC AC
LAND SF
235,224 SF
ZONING
-
APN/PARCEL ID
08-00530-04-00002-03
