1425 Pompton Ave - Medical CONDO FOR SALE


Cedar Grove, NJ 07009
$550,000 USD
908-879-4900
1425 Pompton Ave, Cedar Grove, NJ for Sale
$550,000 USD
Medical CONDO - FOR SALE
1/14
null | 8.26% Cap Rate

1425 Pompton Ave
Cedar Grove, NJ 07009


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

8.26%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar Grove Professional Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

10,000 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

R-10

APN/PARCEL ID

04-00342-0000-00001-0000-C-001A,04-00342-0000-00001-0000-C-001B,04-00342-0000-00001-0000-C-002A,04-00342-0000-00001-0000-C-002B,04-00342-0000-00001-0000-C-003A,04-00342-0000-00001-0000-C-003B,04-00342.00-00001.00-C-003A,04-00342.00-00001.00-C-003B

ASK ABOUT THIS PROPERTY

Samuel BonfanteColdwell Banker Commercial RealtyMore Info
908-879-4900

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

Samuel BonfanteColdwell Banker Commercial RealtyMore Info
908-879-4900

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