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Michael Practico

Richardson Commercial Realtors

Office Phone: 609-586-1000

 

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Published on: Friday, April 8, 2016 9:14:09 AM
Updated on: Friday, April 8, 2016 9:14:09 AM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-New Jersey-51285

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0

 

Building Size: 18,450 SqFt

Lot Size: 0 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Fantastic opportunity for an investor seeking stability along with above average returns.  This is an ideal investment for a small to mid-sized investor looking to diversify their portfolio with a well established tenant that is looked upon as a leader in their field.The property owner will be leasing the property back on a net basis. The owner is selling the property for the purpose of bringing in additional working capital by selling assets. Call today to arrange an appointment!

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 18,450 SqFt.

No of Stories: 1

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description


The property is improved with a one story 18,450± square foot industrial building.   The building has a concrete block exterior, concrete slab foundation and a flat roof surfaced with a rubberized membrane. The first floor of the building consists of offices and ware house space.  The flooring is primarily masonry.  The walls are concrete block. The building is serviced by a gas fired forced hot air heating system. Cooling is provided by a forced air system.  The electrical service to the building is three phase, 1200± amp.

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