Property Price
$8,000,000
Bathrooms
0
Tax Annual Amount
$90761
Lot Size Area
2.17
MLS Status
Active
MLS #
2400344R
Investment Highlights: 3071 Bordentown Ave presents a unique investment opportunity to purchase a fully leased 30,000SF +/- Freestanding Professional Building/School. The tenants have recently renewed and have 8 years remaining. The lease is NNN, with minimal to no landlord responsibilities. The income provides an 8%+ CAP rate at the asking price with built in annual escalations. Property Highlights: Built in 2002, the property has 3 nicely finished levels accessible w/ an ADA compliant elevator. Currently occupied by a school, the property is located in a B-2 (General Business Zone) which permits a wide range of uses. Property Features: 30,000 Total SF w/ 10,000 SF on each Level ADA Compliant Elevator Multiple Bathrooms, Utility Sub-Metering, and Zoned Heating/ Cooling on Each Level Large Meeting/Multi-Purpose Room on Lower Level Commercial Kitchen w/ Fire Suppression Hood Parking for 80+ w/ Overflow Shared Parking Two Separate Entrances w/ Secure Receptions Fully Sprinklered Throughout Outdoor Playground for School Use Windows Throughout the Perimeter of Each Level providing Natural Light Nice Pylon Signage w/ Visability Customizable Floorplan for Multiple Office Users which can be divided into 2,500 SF Quadrants Numerous Large Office/ Classrooms Constructed in 2003, so entire building is approx. 20 years old Zoned B-2 Real Estate Taxes: $90,760 per year (tenant pays) Floorplans Available As Attachments Prime investment opportunity w/ long term stable income, minimal landlord responsibilities, and above market CAP rate. Call for more information or to schedule a showing.
Days On Market
242
Lot Size Dimensions
0.00 x 0.00
