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1005 US Highway 202
Branchburg, NJ 08876
Celebree School - New 15 Year Lease · Retail Property For Sale


Investment Highlights
- Tenant Spent $1.5M in Recent Renovations
- NN Lease – Only LL Responsibility is Structural
- 15 Year Lease – 12% Increases Every 5 Years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,615 SF
Building Class
C
Year Built
1999
Price
$7,520,904 CAD
Price Per SF
$596.19 CAD
Cap Rate
7.25%
NOI
$545,253 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
1.28 AC
Zoning
RS2 - Highway Business
Parking
26 Spaces (2.06 Spaces per 1,000 SF Leased)
Frontage
123’ on U.S. 202
Property Taxes
| Parcel Number | 05-00054-0000-00016 | Improvements Assessment | $3,594,456 CAD |
| Land Assessment | $1,746,074 CAD | Total Assessment | $5,340,530 CAD |
Property Taxes
Parcel Number
05-00054-0000-00016
Land Assessment
$1,746,074 CAD
Improvements Assessment
$3,594,456 CAD
Total Assessment
$5,340,530 CAD
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