3071 Bordentown Avenue 1, Sayreville, NJ

$8,000,000

Previous Next

32,000

Square feet

2.17

Acres

About 3071 Bordentown Avenue 1

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.

Features of 3071 Bordentown Avenue 1

MLS® # 2400344R
Price $8,000,000
Bathrooms 0.00
Square Footage 32,000
Acres 2.17
Year Built 2003
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 3071 Bordentown Avenue 1
City Sayreville
County Middlesex
State NJ
Zip Code 08859

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking Spaces 80
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
# of Stories 3
Has Basement No

Exterior

Lot Description Near Public Transit, Highway Location
Roof Asphalt

Additional Information

Days on Market 79
Zoning B2

Listing Details

OfficeDAVIS REALTORS

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?