35 E Blancke St | Linden, NJ 07036
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- LoopNet Team
35 E Blancke St
Linden, NJ 07036
Value-Add Medical Office with Sale Leaseback · Office Property For Sale
Investment Highlights
- 35 E Blancke Street sits between Routes 9 and 27, with easy access to Interstates 95 and 278, allowing a highly accessible and convenient commute.
- Current owner will occupy the third floor and sign a two-year lease, supplying immediate rental income and stability.
- Strong business environment attracting potential tenant demand and corporations like L’Oreal US, Merck & Co, Hewlett-Packard, and Fiserv.
- Medical office is 78% occupied, providing an opportunity to increase value through lease-up or owner/user occupancy of the entire first floor.
- Located 20 miles from New York City, offering residents a suburban feel with the convenience of big-city amenities nearby.
- Robust demographics and corporate presence, with over 475,000 residents within 5 miles and a median household income of $75,158.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Office
Property Subtype
Medical
Building Size
23,550 SF
Building Class
B
Year Built/Renovated
2007/2018
Percent Leased
78%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,850 SF
Building FAR
2.70
Lot Size
0.20 AC
Zoning
C-1 - Commercial
Parking
104 Spaces (4.42 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Commuter Rail
- Natural Light
zoning
| Zoning Code | C-1 (Commercial) |
| C-1 (Commercial) |
PROPERTY TAXES
| Parcel Number | 09-00212-0000-00024-05 | Improvements Assessment | £763,717 |
| Land Assessment | £192,770 | Total Assessment | £956,488 |
PROPERTY TAXES
Parcel Number
09-00212-0000-00024-05
Land Assessment
£192,770
Improvements Assessment
£763,717
Total Assessment
£956,488
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