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1425 Pompton Ave - Cedar Grove Professional Plaza

3,270 SF Office/Medical Unit Offered at £434,505 in Cedar Grove, NJ 07009

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Property Facts

Price	£434,505	Building Class	C
Unit Size	3,270 SF	Number of Floors	2
No. Units	1	Typical Floor Size	5,000 SF
Total Building Size	10,000 SF	Year Built	1988
Property Type	Office (Unit)	Lot Size	0.95 AC
Property Subtype	Medical	Parking Ratio	4.5/1,000 SF
Sale Type	Investment

Price	£434,505
Unit Size	3,270 SF
No. Units	1
Total Building Size	10,000 SF
Property Type	Office (Unit)
Property Subtype	Medical
Sale Type	Investment
Building Class	C
Number of Floors	2
Typical Floor Size	5,000 SF
Year Built	1988
Lot Size	0.95 AC
Parking Ratio	4.5/1,000 SF

1 Unit Available

Unit 1A & 2A

Unit Size	3,270 SF	Sale Type	Investment
Price	£434,505	Net Initial Yield	8.26%
Price Per SF	£132.88	NOI	£35,908.32
Unit Use	Office/Medical	No. Parking Spaces	45

Unit Size	3,270 SF
Price	£434,505
Price Per SF	£132.88
Unit Use	Office/Medical
Sale Type	Investment
Net Initial Yield	8.26%
NOI	£35,908.32
No. Parking Spaces	45

Description

Two units are currently leased to a medical tenant. 45 Parking spaces. Central Air. Public Water & Sewers.

Sale Notes

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.