School House Plaza | 236 Millbrook Ave
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School House Plaza 236 Millbrook Ave
6,900 SF 100% Leased Office Building Randolph, NJ 07869 $2,528,424 CAD ($366 CAD/SF) 3.94% Cap Rate
Investment Highlights
- Quick Access to Highway 10
- Prime Location In The Midst Of Multiple Restaurants And Retail
- High Commercial Visibility
- Ample parking
Executive Summary
Prime Location! Pristine office building located on the corner of 10 & Millbrook Ave with long term tenants! Great opportunity to invest. This beautiful historical building was renovated in 2011. This is an ideal space for a law firm, insurance agency or medical use.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,900 SF
Building Class
B
Year Built/Renovated
1973/2011
Price
$2,528,424 CAD
Price Per SF
$366 CAD
Cap Rate
3.94%
NOI
$99,732 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,300 SF
Building FAR
0.09
Land Acres
1.79 AC
Zoning
B-2, Randolph Twp - zoned for professional use only.
Amenities
- Security System
- Signage
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PROPERTY TAXES
| Parcel Number | 32-00145-0000-00059 | Improvements Assessment | $1,235,604 CAD |
| Land Assessment | $1,063,340 CAD | Total Assessment | $2,298,944 CAD |
PROPERTY TAXES
Parcel Number
32-00145-0000-00059
Land Assessment
$1,063,340 CAD
Improvements Assessment
$1,235,604 CAD
Total Assessment
$2,298,944 CAD
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Sonya Hanson -
Realty Executives Exceptional, Realtors
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School House Plaza | 236 Millbrook Ave
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