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    385 Route 24

    Chester Twp., NJ 07930
    • $229,500
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 3660484
    UPDATED: 42 min ago
    $229,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,500
      SQFT
    • $153
      $/SQFT
    Type:
    Commercial
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic Investment Opportunity, Absolute NNN Lease. 1500 Sq. Ft. Dental Office Large Regional Tenant With 8 Years on 10Yr Lease, 2% rent increase annually .This investment gets better every year. Cap rate of 9% now and 11% by year 10.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-26T06:46:50.853.
    www.teambraconihomesales.com/homes/109560057
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    385 Route 24 Chester Twp., NJ 07930

    • Price: $229,500
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 3660484
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,500
    SQFT
    $153
    $/SQFT
    1986
    Built
    County:
    Morris
    Area:
    Chester Twp.
    Property Description
    Fantastic Investment Opportunity, Absolute NNN Lease. 1500 Sq. Ft. Dental Office Large Regional Tenant With 8 Years on 10Yr Lease, 2% rent increase annually .This investment gets better every year. Cap rate of 9% now and 11% by year 10.
    Exterior Features

    Approximate Lot Size 0.0 AC Construction Wood Exterior Description Vinyl Siding Location Highway Location Lot Description Level LotOpen Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopLightingParking Lot-Shared Roof Description Asphalt Shingle

    Interior Features

    Basement No Cooling 3 UnitsCentral Air Equipment Available Fire AlarmHandicapped AccessKitchen AreaRestrooms - PrivateRestrooms - PublicSecurity SystemSign - FreestandingSmoke Detector Floors CarpetingTileWood Heating 3 Units Max Ceiling Height 8 Max Door Height 8 Number Of Doors 0 Number Of Lavatories 2 Office Sq Ft 1500

    Property Features

    For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 38400 Net Operating Income 20472 Primary Property Type Office Building Complex Prior Use Dental Office Property Type Office Building Complex Sale Includes Building Only Sewer Association Suite Number 2-A Tax Amount 6023 Tax Rate Amount 2.362 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricGasHeatHot WaterMaintenance-Common AreaSewerSnow RemovalTrash Removal Total Operating Expense 17928 Utilities All UndergroundElectricGas-Natural Utilities Paid By Tenant Water Association Year Built Description Approximate Zoning Lb

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Weichert Realtors.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-26T06:46:50.853.
     
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    Franklin Lakes NJ, 07417