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1 Dag Hammarskjold Blvd 10,800 SF 100% Leased Office Building Howell, NJ 07728 $2,250,000 ($208.33/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Discover an exceptional commercial opportunity offering 10,800 sq. ft. of versatile space across three separate structures—ideal for a wide range of uses, including medical, professional, or mixed commercial. The main building features 8,000 sq. ft., complemented by an additional 2,400 sq. ft. building and a 400 sq. ft. standalone structure, providing endless configuration possibilities. Located on a large parcel right off Route 9, this property offers abundant parking, excellent visibility, and sits at the mouth of The Villages 55+ community, creating a steady stream of local traffic and strong demographic appeal. Unlock the potential of a property designed to accommodate your vision with space, flexibility, and prime location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Building Size
10,800 SF
Building Class
C
Year Built
1976
Price
$2,250,000
Price Per SF
$208.33
Cap Rate
7%
NOI
$157,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,400 SF
Slab To Slab
14’
Building FAR
0.27
Lot Size
0.92 AC
Zoning
SF-80
Parking
30 Spaces (2.78 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Grand View Cable
- Retailer
- -
- -
- -
- Hovbilt Inc
- Real Estate
- -
- -
- -
- Hub
- Retailer
- -
- -
- -
- J Vero & Associates
- Professional, Scientific, and Technical Services
- -
- -
- -
- SPEEDUS Corp
- Finance and Insurance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Grand View Cable | Retailer | - | - | - | ||
| Hovbilt Inc | Real Estate | - | - | - | ||
| Hub | Retailer | - | - | - | ||
| J Vero & Associates | Professional, Scientific, and Technical Services | - | - | - | ||
| SPEEDUS Corp | Finance and Insurance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 21-00143-0000-00025-04 | Improvements Assessment | $1,325,100 |
| Land Assessment | $441,600 | Total Assessment | $1,766,700 |
PROPERTY TAXES
Parcel Number
21-00143-0000-00025-04
Land Assessment
$441,600
Improvements Assessment
$1,325,100
Total Assessment
$1,766,700
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1 Dag Hammarskjold Blvd
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