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Randolph Medical Arts Building 765 State Route 10

25,671 SF 100% Leased Office Building Randolph, NJ 07869 £2,365,312 (£92/SF) 10% Net Initial Yield

Executive Summary

25,671 SF Class A Medical Outpatient Building NNN investment opportunity. Lease Hold Interest asset.

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
25,671 SF
Building Class
A
Year Built
2010
Price
£2,365,312
Price Per SF
£92
Net Initial Yield
10%
NOI
£236,531
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
12,836 SF
Slab to Slab
12 ft
Building FAR
0.10
Lot Size
5.90 AC
Zoning
B-2
Parking
75 Spaces (2.92 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Suspended Ceilings
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 204
  • 1,335 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

NEW TO MARKET. 2nd Floor Former Psychology Space. 3 offices, large waiting area, reception area with refreshment bar. Move In Condition!

Space Size Space Use Condition Available
2nd Fl-Ste 204 1,335 SF Office/Medical Full Build-Out 30 Days

2nd Fl-Ste 204

Size
1,335 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste 204

Size 1,335 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

NEW TO MARKET. 2nd Floor Former Psychology Space. 3 offices, large waiting area, reception area with refreshment bar. Move In Condition!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 32-00044-0000-00014
  • 32-00044-0000-00014-02
Land Assessment
£2,362,711
Improvements Assessment
£7,670,856
Total Assessment
£10,033,567
  • Listing ID: 31246708

  • Date on Market: 18/03/2024

  • Last Updated:

  • Address: 765 State Route 10, Randolph, NJ 07869

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