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BrightPath Daycare (Corporate) 70 Old Bloomfield Ave

11,266 SF Retail Building Parsippany, NJ 07054 £3,682,263 (£327/SF) 7% Net Initial Yield

Investment Highlights

  • Corporate Guarantee From BrightPath Kids
  • Large 1.69 Acre Lot With 41 Parking Spaces
  • Long Term Lease With 2.5% Annual Rental Increases

Attachments

Bright Path Kids - 70 Bloomfield Ave Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
11,266 SF
Building Class
B
Year Built
2014
Price
£3,682,263
Price Per SF
£327
Net Initial Yield
7%
NOI
£257,777
Tenancy
Single
Number of Floors
2
Building FAR
0.15
Land Acres
1.69 AC
Zoning
R-3
Parking
41 Spaces (3.64 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 29-00631-0000-00003 Improvements Assessment £1,425,099
Land Assessment £127,745 Total Assessment £1,552,844

PROPERTY TAXES

Parcel Number
29-00631-0000-00003
Land Assessment
£127,745
Improvements Assessment
£1,425,099
Total Assessment
£1,552,844
(201) 742-6118

  • Listing ID: 33220958

  • Date on Market: 18/09/2024

  • Last Updated:

  • Address: 70 Old Bloomfield Ave, Parsippany, NJ 07054

The Retail Property at 70 Old Bloomfield Ave, Parsippany, NJ 07054 is currently available For Sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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© 2024 CoStar Group

BrightPath Daycare (Corporate) | 70 Old Bloomfield Ave
(201) 742-6118 x

BrightPath Daycare (Corporate) | 70 Old Bloomfield Ave

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Alan Cafiero

(201) 742-6118

(201) 742-6118

David Cafiero

(201) 742-6115

(201) 742-6115

John Moroz

(201) 742-6131

(201) 742-6131

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