250 Industrial Way W | Eatontown, NJ 07724
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250 Industrial Way W
Eatontown, NJ 07724
SubCom NNN R&D/International Communications · Office Property For Sale
Investment Highlights
- Absolute NNN Lease, Corporate Guarantee - Zero Landlord Responsibilities
- Tenant has Occupied the Building Since 1999 and Recently Signed a 5-Year Lease Extension Commencing in October 2024
- Cerberus Acquired SubCom in 2018 for $325 Million
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
138,163 SF
Building Class
B
Year Built
1999
Price
$45,998,081 CAD
Price Per SF
$333 CAD
Cap Rate
7.50%
NOI
$3,449,856 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
69,082 SF
Building FAR
0.31
Lot Size
10.12 AC
Zoning
BP-2 - Office building
Parking
441 Spaces (3.19 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 12-03502-0000-00006 | Improvements Assessment | $36,523,895 CAD |
| Land Assessment | $7,187,219 CAD | Total Assessment | $43,711,115 CAD |
PROPERTY TAXES
Parcel Number
12-03502-0000-00006
Land Assessment
$7,187,219 CAD
Improvements Assessment
$36,523,895 CAD
Total Assessment
$43,711,115 CAD
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