Listed by R New Jersey
$4,000,000
4054 Quakerbridge
Details
Property Type Industrial, Mixed Use
Sub Type Flex
Square Footage 16,860
Net Rentable (SqFt) 16,860
Units 3
Cap Rate 6.11%
NOI $244,423
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 10
Lease Expiration 12/13/2032
Remaining Term 6.4
Rent Bumps Yes
Lease Options 2 five year
Price per SqFt $237
Broker Co-Op Yes
Class B
Year Renovated 2021
Buildings 1
Stories 1
Acreage 1.790
Zoning nc-2
Investment Type Net Lease
Lease Commencement 12/14/2022
Ceiling Height 20-25'
Sale Condition 1031 exchange
NNN Aquatics and Therapy Center - Excellent Industrial/Flex Building!!
Marketing description
Great investment opportunity or 1031 Exchange. New 10 Year NNN Lease with established Medical/Gym tenant for 12,340 SF (73% GLA) with annual increases. Tenant has recently expanding into the remaining 4,520 SF (27% GLA) to accommodate explosive growth. The 16,860 square foot building on 1.79 acres is centrally located near I-295 and I-95. Driveway services all sides of the building with 44 parking spaces on site and 1 rolldown gate. Inquire for more information.
Listing Contacts
Listed by R New Jersey
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$244,423.00
$20,368.58/mo
Valuation Metrics
0
DSCR
6.11%
Cap Rate
6.11%
ROI
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