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Glen Oaks Professional Building 1405 Chews Landing Rd 30,000 SF 100% Leased Office Building Laurel Springs, NJ 08021 $2,100,000 ($70/SF)
Investment Highlights
- Well maintained +/- 20,000 SF office building nearly 100% occupied, generating +/- $177,000 in current NOI.
- Tenant mix consists of counseling services and traditional office and medical users, with a range of suite sizes supporting a diversified rent roll.
- Located within a dense residential trade area, the property continues to support service-oriented office tenancy.
- Tenant mix consists of counseling services and traditional office and medical users, with a range of suite sizes supporting a diversified rent roll.
- The building is in excellent physical condition, minimizing near-term capital expenditures.
- This offering is well suited for investors seeking stable NOI, high occupancy, and predictable operating performance.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
30,000 SF
Building Class
B
Year Built/Renovated
1973/2000
Price
$2,100,000
Price Per SF
$70
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.32
Lot Size
2.15 AC
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 15-09708-0000-00004 | Improvements Assessment | $478,000 |
| Land Assessment | $357,000 | Total Assessment | $835,000 |
Property Taxes
Parcel Number
15-09708-0000-00004
Land Assessment
$357,000
Improvements Assessment
$478,000
Total Assessment
$835,000
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Glen Oaks Professional Building | 1405 Chews Landing Rd
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