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1000 Atrium Way
Mount Laurel, NJ 08054
Atrium I · Office Property For Sale
Investment Highlights
- Approximately 90% Occupied Class A Multi-Tenant Office Investment
- Long-Term Tenant Commitments Supporting Stable Cash Flow
- Stable In-Place Cash Flow with Approximately 9,694 SF of Immediate Lease-Up Opportunity
Executive Summary
Offering the stabilized Class A office asset with strong in-place cash flow, a diversified professional tenant base, and near-term value-add through lease-up of approximately 9,858 SF of vacant space. The property benefits from long-term tenancy, prominent Route 73 visibility, and convenient regional access throughout the Philadelphia and South Jersey markets.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
99,534 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1988/2008
Price
$17,873,026 CAD
Price Per SF
$179.57 CAD
Cap Rate
10%
NOI
$1,787,336 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
19,907 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
6.72 AC
Parking
395 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Food Service
- Security System
- Signage
- Wheelchair Accessible
- Natural Light
- Monument Signage
Property Taxes
| Parcel Number | 24-01300-01-00001 | Improvements Assessment | $8,046,724 CAD |
| Land Assessment | $3,539,491 CAD | Total Assessment | $10,816,376 CAD |
Property Taxes
Parcel Number
24-01300-01-00001
Land Assessment
$3,539,491 CAD
Improvements Assessment
$8,046,724 CAD
Total Assessment
$10,816,376 CAD
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