1228 US Highway 9 - Medical FOR SALE


Howell, NJ 07731
$5,950,000 USD
973-267-7778
1228 US Highway 9, Howell, NJ for Sale
$5,950,000 USD
Medical - FOR SALE
1/3
null | 16.13% Cap Rate

1228 US Highway 9
Howell, NJ 07731


HIGHLIGHTS

  • Full Approvals for Medical Development. Daily traffic count 31,735 cars per day. Adjacent Nearby Property a 360 Residential Development has Begun !

OVERVIEW

All Permits are Ready and All approvals are in place for a Medical Facility Use. Tremendous Opportunity for Completion of this Development. Which is Zoned HD1 Hospital Inpatient-Outpatient Use. April Special Incentive-Buyer's Broker shall be paid additional point: 3% of purchase price if contract is executed before 4/31/25 !

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

16.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howell Complex

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

HD1

APN/PARCEL ID

21-00137-0000-00029

ASK ABOUT THIS PROPERTY

Tony MehmedajWeichert Commercial Brokerage, Inc.More Info
973-267-7778

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Tony MehmedajWeichert Commercial Brokerage, Inc.More Info
973-267-7778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.