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1425 Pompton Ave - Cedar Grove Professional Plaza 3,270 SF Office/Medical Condo Unit Offered at $767,756 CAD in Cedar Grove, NJ 07009

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PROPERTY FACTS

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

AMENITIES

  • Central Heating
  • Air Conditioning

1 UNIT AVAILABLE

Unit 1A & 2A

Unit Size 3,270 SF
Price $767,756 CAD
Price Per SF $234.79 CAD
Condo Use Office/Medical
Sale Type Investment
Cap Rate 8.26%
NOI $63,448.75 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.

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  • Listing ID: 32771789

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 1425 Pompton Ave, Cedar Grove, NJ 07009

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