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Avnos, Inc. 360 Milltown Rd 17,387 SF Flex Building Bridgewater, NJ 08807 $12,230,305 CAD ($703.42 CAD/SF) 7% Cap Rate
Investment Highlights
- Strong Corporate Tenancy
- High-Income, Dense Demographic Base
- Brand New 10-Year NNN Lease
Executive Summary
Surmount is pleased to present the exclusive listing for an Avnos, Inc. located at 360 Milltown Road, Bridgewater, NJ 08807. The site consists of roughly 18,605 rentable square feet of building space on an estimated 6.42-acre parcel of land. This Avnos, Inc. is subject to a 10-year Triple Net (NNN) lease, which commenced 9/1/2024. The current annual rent is $626,305 and has scheduled increases of 3.50% annual increases.
Property Facts
| Price | $12,230,305 CAD | Rentable Building Area | 17,387 SF |
| Price Per SF | $703.42 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1965/2024 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Flex | Clear Ceiling Height | 24’ |
| Property Subtype | Flex Research & Development | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 6.42 AC | ||
| Zoning | C-3 | ||
| Price | $12,230,305 CAD |
| Price Per SF | $703.42 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 6.42 AC |
| Rentable Building Area | 17,387 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2024 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C-3 |
Amenities
- Bio-Tech/ Lab Space
Property Taxes
| Parcel Number | 06-00165-0000-00002 | Improvements Assessment | $1,559,542 CAD |
| Land Assessment | $658,182 CAD | Total Assessment | $2,217,723 CAD |
Property Taxes
Parcel Number
06-00165-0000-00002
Land Assessment
$658,182 CAD
Improvements Assessment
$1,559,542 CAD
Total Assessment
$2,217,723 CAD
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Avnos, Inc. | 360 Milltown Rd
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