1 US Highway 206 | Somerville, NJ 08876
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1 US Highway 206
Somerville, NJ 08876
Somerset Surgery Center/Fresenius Medical · Office Property For Sale
Investment Highlights
- Anchored by Somerset Ambulatory Surgical Center & Fresenius Medical Care
- Nearby National Retailers Include: Macy's, Bloomingdales, Walmart, ShopRite, Chase, buybuy BABY & Walgreens
- Fantastic Location: Signalized Intersection of US-206 and South Bridge Street
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,700 SF
Building Class
C
Year Built
1970
Price
£5,341,240
Price Per SF
£246
Net Initial Yield
7.50%
NOI
£400,593
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
10,850 SF
Building FAR
0.16
Lot Size
3.08 AC
Parking
90 Spaces (4.15 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 18-00123-0000-00011-01 | Improvements Assessment | £965,569 |
| Land Assessment | £628,831 | Total Assessment | £1,594,400 |
PROPERTY TAXES
Parcel Number
18-00123-0000-00011-01
Land Assessment
£628,831
Improvements Assessment
£965,569
Total Assessment
£1,594,400
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