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Investment Highlights

  • Stable Investment opportunity

Executive Summary

Great investment opportunity or 1031 Exchange. Fully Leased Property. A 10 Year NNN Lease with established Medical tenant for 12,340 SF (73% GLA) with annual increases was executed less than a year ago. Tenant executed expansion option for Remaining 4,520 SF (27% GLA) less than 6 months into operation due to their explosive growth. The 16,860 square foot building on 1.79 acres is centrally located near I-295 and I-95. Driveway services all sides of the building with 44 parking spaces on site and 1 rolldown gate. Inquire for more information.

Property Facts

Price $5,551,240 CAD
Price Per SF $329.26 CAD
Sale Type Investment
Cap Rate 6.65%
Sale Condition 1031 Exchange
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 1.79 AC
Rentable Building Area 16,860 SF
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 2.61/1,000 SF
Clear Ceiling Height 30’
No. Drive In / Grade-Level Doors 1
Zoning NC-2

Amenities

  • 24 Hour Access
  • Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
07-04104-0000-00003
Land Assessment
$600,732 CAD
Improvements Assessment
$673,717 CAD
Total Assessment
$1,274,449 CAD
  • Listing ID: 25029592

  • Date on Market: 2022-02-10

  • Last Updated:

  • Address: 4054 Quakerbridge Rd, Mercerville, NJ 08619

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