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1 US Highway 206
Somerville, NJ 08876

Somerset Surgery Center/Fresenius Medical · Office Property For Sale

Investment Highlights

  • Anchored by Somerset Ambulatory Surgical Center & Fresenius Medical Care 
  • Nearby National Retailers Include: Macy's, Bloomingdales, Walmart, ShopRite, Chase, buybuy BABY & Walgreens
  • Fantastic Location: Signalized Intersection of US-206 and South Bridge Street

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
21,700 SF
Building Class
C
Year Built
1970
Price
$9,654,030 CAD
Price Per SF
$445 CAD
Cap Rate
7.50%
NOI
$724,052 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,850 SF
Building FAR
0.16
Lot Size
3.08 AC
Parking
90 Spaces (4.15 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-00123-0000-00011-01
Land Assessment
$1,122,652 CAD
Improvements Assessment
$1,723,828 CAD
Total Assessment
$2,846,480 CAD
  • Listing ID: 33753732

  • Date on Market: 2024-06-28

  • Last Updated:

  • Address: 1 US Highway 206, Somerville, NJ 08876

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