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1425 Pompton Ave - Cedar Grove Professional Plaza 3,270 SF Office/Medical Condo Unit Offered at $751,977 CAD in Cedar Grove, NJ 07009

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Property Facts

Total Building Size	10,000 SF	Typical Floor Size	5,000 SF
Property Type	Office (Condo)	Year Built	1988
Property Subtype	Medical	Lot Size	0.95 AC
Building Class	C	Parking Ratio	4.5/1,000 SF
Floors	2
Zoning	R-10

Total Building Size	10,000 SF
Property Type	Office (Condo)
Property Subtype	Medical
Building Class	C
Floors	2
Typical Floor Size	5,000 SF
Year Built	1988
Lot Size	0.95 AC
Parking Ratio	4.5/1,000 SF
Zoning	R-10

Central Heating

Air Conditioning

1 Unit Available

Unit 1A & 2A

Unit Size	3,270 SF	Sale Type	Investment
Price	$751,977 CAD	Cap Rate	8.26%
Price Per SF	$229.96 CAD	NOI	$62,144.71 CAD
Condo Use	Office/Medical	No. Parking Spaces	45

Unit Size	3,270 SF
Price	$751,977 CAD
Price Per SF	$229.96 CAD
Condo Use	Office/Medical
Sale Type	Investment
Cap Rate	8.26%
NOI	$62,144.71 CAD
No. Parking Spaces	45

Description

Two units are currently leased to a medical tenant. 45 Parking spaces. Central Air. Public Water & Sewers.

Sale Notes

Excellent Investment opportunity. Two units are currently leased to a medical tenant with an annual gross of $67,650 and an NOI of $45,453 yielding an 8.3% cap rate. It is located in a great professional complex— an excellent location to all major roads. The best time to show is on Tuesdays and Fridays.