162 Route 35 - Medical FOR SALE


Eatontown, NJ 07724
$1,750,000 USD
732-359-3203
162 Route 35, Eatontown, NJ for Sale
$1,750,000 USD
Medical - FOR SALE
1/21
null | Request Cap Rate

162 Route 35
Eatontown, NJ 07724


HIGHLIGHTS

  • Directly across from the Entrance of Fort Monmouth
  • Heavily Trafficked Corridor
  • Performing Tenant of 5+ Years will renew lease

OVERVIEW

Existing Tenant will sign a Lease for $22 P.S.F with 3% yearly increases with the new owner for a period of 3 – 7 Years with options to renew. Tenant will make sure that they have options to renew unless the sale price warrants an early exit. This will be negotiated prior to signing a Purchase and Sale Agreement. ** Seller has ownership of Seacrest Recover Center.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

162 Route 35, Eatontown, New Jersey

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

Office/Retail

APN/PARCEL ID

12-00201-0000-00006

ASK ABOUT THIS PROPERTY

Ryan CurranCurran CommercialMore Info
732-359-3203

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

Ryan CurranCurran CommercialMore Info
732-359-3203

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