Listed by The Blau & Berg Company
$1,750,000
Medical use building with a 7+ % Cap rate.
Details
Property Type Office
Sub Type Medical Office
Square Footage 5,040
Units 2
Price per SqFt $347
Broker Co-Op Yes
Stories 2
Zoning B-A
Ownership 100%
Office | 5,040 SqFt
Marketing description
located on a high-visibility main road in the heart of Clifton, NJ this fully renovated 5,040 sq. ft. commercial building offers exceptional potential for professional office use. Just resigned a new 10 year lease to current long-term stable tenants. The property generates a solid Net Operating Income (NOI) with a 7+% cap rate Situated in a highly desirable area known for attracting recession-resistant businesses, this asset promises long-term stability and minimal management concerns. With strong market fundamentals and a strategic location, this is an ideal opportunity for investors seeking consistent cash flow and dependable tenancy.
Listing Contacts
Listed by The Blau & Berg Company
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