2952 Vauxhall Rd
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2952 Vauxhall Rd
4,214 SF Office Building Vauxhall, NJ 07088 $2,079,401 CAD ($493 CAD/SF) 6.24% Cap Rate
Investment Highlights
- Greater than 10 years remaining on NNN Lease
- Ideal 1031 Exchange opportunity
- Dense Northern NJ Location
Executive Summary
JPH Realty Advisors, LLC is pleased to offer for sale the opportunity to acquire fee-simple interests in 2 Single Tenant Net Lease Medical Office Buildings located 2952 Vauxhall Road, Vauxhall, NJ and 628 Cedar Lane (with 580 Cedar Lane as aux. parking) Teaneck, NJ (the “Properties” or “Assets”). The Tenants each have over 10 years left on NNN leases with 2.5% rent bumps annual in the base term and options.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
4,214 SF
Building Class
B
Year Built
1980
Price
$2,079,401 CAD
Price Per SF
$493 CAD
Cap Rate
6.24%
NOI
$129,720 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,214 SF
Building FAR
0.25
Lot Size
0.39 AC
Zoning
BB
Parking
22 Spaces (5.22 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
Parcel Number | 19-04703-0000-00014 | Improvements Assessment | $171,478 CAD |
Land Assessment | $49,158 CAD | Total Assessment | $220,636 CAD |
PROPERTY TAXES
Parcel Number
19-04703-0000-00014
Land Assessment
$49,158 CAD
Improvements Assessment
$171,478 CAD
Total Assessment
$220,636 CAD
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2952 Vauxhall Rd
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