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275-277 Forest Ave
Paramus, NJ 07652
Med/Office Strip + Bank Drive-Thru End Cap · Bureau Propriété À vendre
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Faits saillants de l'investissement
- 275-277 Forest Avenue is a 45,900-square-foot multi-tenant medical office building with a drive-thru end cap.
- Cash-flowing investment of seven medical office tenants, TD Bank (end cap drive-thru), and a Verizon cell tower on the roof.
- In an affluent and stable realm with a 3-mile population of 137,591 residents and an average household income of about $145,000.
- At the lighted corner intersection of Forest Avenue and Spring Valley Road, a great location in a high-traffic area.
- Route 4 and 17 corridors’ high concentration of retail/ office developments has some of the most successful retail locations in the state & nation.
- Prominent frontage along Forest Avenue provides built-in pylon and building signage exposure to more than 21,300 VPD.
Résumé de l'annonce
Legacy Commercial Realty, LLC is pleased to present 275-277 Forest Avenue, Paramus NJ 07652
+/- 45,323 Two-Story Medical Office Building with TD Bank Drive Thru Location
100% Occupied
Asking Price: $16,100,000.00
Current NOI: $992,515.61
CAP Rate: 6.16%
275-277 Forest Avenue is a +/- 45,323-square-foot multi-tenant medical office building with a drive-thru end cap. Cash-flowing investment of seven medical office tenants, TD Bank (end cap drive-thru), and a Verizon cell tower on the roof. In an affluent and stable realm with a 3-mile population of 137,591 residents and an average household income of about $145,000.
At the lighted corner intersection of Forest Avenue and Spring Valley Road, a great location in a high-traffic area. Route 4 and 17 corridors’ high concentration of retail/ office developments has some of the most successful retail locations in the state & nation. Prominent frontage along Forest Avenue provides built-in pylon and building signage exposure to more than 21,300 VPD.
+/- 45,323 Two-Story Medical Office Building with TD Bank Drive Thru Location
100% Occupied
Asking Price: $16,100,000.00
Current NOI: $992,515.61
CAP Rate: 6.16%
275-277 Forest Avenue is a +/- 45,323-square-foot multi-tenant medical office building with a drive-thru end cap. Cash-flowing investment of seven medical office tenants, TD Bank (end cap drive-thru), and a Verizon cell tower on the roof. In an affluent and stable realm with a 3-mile population of 137,591 residents and an average household income of about $145,000.
At the lighted corner intersection of Forest Avenue and Spring Valley Road, a great location in a high-traffic area. Route 4 and 17 corridors’ high concentration of retail/ office developments has some of the most successful retail locations in the state & nation. Prominent frontage along Forest Avenue provides built-in pylon and building signage exposure to more than 21,300 VPD.
Faits sur la propriété Sous contrat
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
45 900 pi²
Classe d’immeuble
B
Année de construction/rénovation
1965/2024
Prix
22 652 699 $ CAD
Prix par pi²
493,52 $ CAD
Taux de capitalisation
6,16%
Revenu net d’exploitation
1 396 469 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
22 662 pi²
Coefficient d’occupation des sols de l’immeuble
0,33
Taille du lot
3,18 AC
Zonage
NB - Commerciale
Stationnement
125 places (2,76 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Banque
- Accès contrôlé
- Climatisation
Impôts fonciers
| Numéro de lot | 46-03815-0000-00013 | Évaluation des bâtiments | 17 680 231 $ CAD |
| Évaluation du terrain | 3 581 412 $ CAD | Évaluation totale | 21 261 643 $ CAD |
Impôts fonciers
Numéro de lot
46-03815-0000-00013
Évaluation du terrain
3 581 412 $ CAD
Évaluation des bâtiments
17 680 231 $ CAD
Évaluation totale
21 261 643 $ CAD
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