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129 Pehle Ave
Saddle Brook, NJ 07663
Garden Plaza Hotel Ground Lease · Hospitality Property For Sale
·
174,443 SF

PROPERTY FACTS
| Property Type | Hospitality | Building Size | 174,443 SF |
| Property Subtype | Hotel | No. Stories | 8 |
| Building Class | B | Year Built | 1967 |
| Lot Size | 3.90 AC | Corridor | Interior |
| Zoning | CH-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.90 AC |
| Building Size | 174,443 SF |
| No. Stories | 8 |
| Year Built | 1967 |
| Corridor | Interior |
| Zoning | CH-1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
- Meeting Event Space
ABOUT 129 PEHLE AVE , SADDLE BROOK, NJ 07663
Marcus & Millichap is pleased to exclusively list for sale the Ground Lease of Garden Plaza Hotel in Saddle Brook, NJ. The current term runs until June of 2035 with a 33 1/3 year option. Garden Plaza pays $334,000 in ground rent and is on an absolute NNN lease. The subject property is 3.90 acres and is situated off the on ramp to the Garden State Parkway. Full marketing package available upon request.
PROPERTY TAXES
| Parcel Number | 57-01311-0000-00036 | Improvements Assessment | $3,990,000 |
| Land Assessment | $1,710,000 | Total Assessment | $5,700,000 |
PROPERTY TAXES
Listing ID: 14362444
Date on Market: 11/12/2018
Last Updated:
Address: 129 Pehle Ave, Saddle Brook, NJ 07663
The Hospitality Property at 129 Pehle Ave, Saddle Brook, NJ 07663 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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