Dutch Neck Dental | 343 Dutch Neck Rd
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Dutch Neck Dental 343 Dutch Neck Rd
2,501 SF Office Building Hightstown, NJ 08520 £783,689 (£313/SF) 6.75% Net Initial Yield
Investment Highlights
- Long-Term NNN Sale-Leaseback
- Corporate Guarantee
- Attractive Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Dutch Neck Dental located at 343 Dutch Neck Rd, East Windsor, NJ 08520. The site consists of roughly 2,200 rentable square feet of building space on an estimated 1.53-acre parcel of land. This Dutch Neck Dental is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $66,000 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,501 SF
Building Class
C
Year Built
1979
Price
£783,689
Price Per SF
£313
Net Initial Yield
6.75%
NOI
£52,899
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,200 SF
Building FAR
0.04
Lot Size
1.53 AC
Zoning
R1, East Windsor
Parking
20 Spaces (8 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 01-00058-0000-00007 | Improvements Assessment | £172,323 |
| Land Assessment | £204,383 | Total Assessment | £376,705 |
PROPERTY TAXES
Parcel Number
01-00058-0000-00007
Land Assessment
£204,383
Improvements Assessment
£172,323
Total Assessment
£376,705
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Dutch Neck Dental | 343 Dutch Neck Rd
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