Perfect for Professional Offices
Middlesex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$1,650,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$200,000 (included in the asking price)
Real Estate:
$1,650,000 ( not included in the asking price)
Business Summary:
Extremely desired single free standing building on state’s busiest North/South highway within shopping distance to county’s largest mall. Structure built to last forever original construction cost over $2,500,000 – new air/heating units on 2nd floor attic. Interior of building has 12 foot ceiling, perfect for professional office use or for retail. When is was a retail store it did over $2,500,000 in retail sales. Presently leased to national chain outlet. Within structure, are kitchenette area, 2 large bathrooms, and 2 stock rooms. Building also has two main entrances – no other structures on lot. Parking for more than 28 cars. Location is highly visible from highway. Although any retail outlet could easily achieve success here, best use would be for professional offices – doctor’s clinic, MRI, pain center, medical center and more specialties as it has the room. Location and ease of getting there would foster patronage by clientele or patients. FACILITY IS AVAILABLE FOR LEASE ALSO $11,900 PER MONTH TERMS NEGOTIABLE. As to length of lease – taxes and CAM included in monthly lease price. If purchased, taxes are $31,000 – annually. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
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Facilities / Terms of Lease:
6,132 sq. ft. main building with smaller extensions, parking for 28. Building will last forever in top shape, new ventilation systems located on 2nd floor on top of present ceiling |
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Potential
Growth/Expansion:
This location can be used for retail however, its’ best potential use would be for professional offices as it’s easy to get to – largest shopping mall in the area |
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Competition:
This building formally retail space was doing over $2,500,000 in retail |
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Owner
willing to finance:
Cost of construction over $2,500,000 – wants $1,650,000 all cash mortgage can be obtained |
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Reason for selling:
Owner wants to sell or lease |
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REQUEST MORE INFO |
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