Log In/Sign Up
Your email has been sent.
Broadway Business Center 1010 Rose Ave 12,220 SF 100% Leased Flex Building Runnemede, NJ 08078 $2,099,716 CAD ($171.83 CAD/SF) 6.24% Cap Rate
Investment Highlights
- This 12220 SF Flex building broken into 6 SEPARATE units that are currently fully leased with Positive Cash Flow.
- 5 mins from Interstate 295.
- 2 minutes from Exit 3 to NJTP .
- Many of these Units have had their HVAC and Circuit Panels Boxes updated in the past 10 years.
Executive Summary
After 25 years of operation, the owners are retiring and offering their fully leased multi-tenant flex building for sale. The property is comprised of six (6) individual units, with unit sizes as follows: Unit A (1800+/- SF), Unit B (2700 +/- SF), Unit C (2700 +/- SF), Unit D (1200 +/-SF), Unit E (800 +/-SF), and Unit F (3000 +/- SF). Unit B can be broken down further into B1 (750 +/- SF) and B (1950 +/- SF).
The asset benefits from excellent highway access, located approximately 2 minutes from Exit 3 of the New Jersey Turnpike and about 5 minutes from I-295. The property offers flexibility for an owner-user to occupy space or for an investor to continue operations as an income-producing asset, supported by a diverse and stable tenant mix.
Owners are open to possibility of a Co-Op Willing to Co-Op 3 %.
Deposit required in escrow for financials.
The asset benefits from excellent highway access, located approximately 2 minutes from Exit 3 of the New Jersey Turnpike and about 5 minutes from I-295. The property offers flexibility for an owner-user to occupy space or for an investor to continue operations as an income-producing asset, supported by a diverse and stable tenant mix.
Owners are open to possibility of a Co-Op Willing to Co-Op 3 %.
Deposit required in escrow for financials.
Property Facts
Amenities
- Signage
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 30-00023-0000-00002-01 | Improvements Assessment | $539,149 CAD |
| Land Assessment | $124,472 CAD | Total Assessment | $663,621 CAD |
Property Taxes
Parcel Number
30-00023-0000-00002-01
Land Assessment
$124,472 CAD
Improvements Assessment
$539,149 CAD
Total Assessment
$663,621 CAD
1 of 40
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Broadway Business Center
Broadway Business Center | 1010 Rose Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.