Overview

Description

Units 3A & 3B are two medical condos, ideally situated in Essex County, NJ. Each unit encompasses 1,500 square feet and can either remain independent or be merged to suit your needs. With a robust cap rate of 6.5%, these condos represent a stable and attractive investment prospect. Furthermore, their potential for substantial future rental income makes them an enticing choice. Additionally, owner/users are welcomed, especially given that the current tenant has only three years remaining on their lease.

BUILDING SF: 40,000 SF

AVAILABLE SF: Units 3A / 3B - 3,000 SF (1,500 SF each)

ASKING PRICE: $480,000 ($160 PSF)

PARKING: 5.15/1,000 SF

ZONING: Medical & General Office Use

Location

• Located in a Residential Area

• Easily accessible to Highway 80, 280 and 46

• Close Proximity to Various Restaurants, Shops and Banks

Condos

Unit 1

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