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200 Main St 5,000 SF 100% Leased Office Building Glen Gardner, NJ 08826 $615,000 ($123/SF) 6.80% Cap Rate
Executive Summary
Multi-Tenant & Multi Purpose Opportunity With Garage & Storage ! Currently is fully leased in professional office district with 30 paved parking spaces. Over 4600 sf of office divided into 3 units with unit 3 controlling drive-in garage & storage space of approx. 3400 sf. 100% Leased
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built
1970
Price
$615,000
Price Per SF
$123
Cap Rate
6.80%
NOI
$41,820
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
0.06
Lot Size
1.87 AC
Zoning
Commercial/Office - The primary intent of this district is to provide sites for professional office uses which are low-intensity in traffic and small employment generator
Parking
30 Spaces (6 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 12-00006-0000-00001-01 | Total Assessment | $426,000 |
| Land Assessment | $177,700 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $248,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
12-00006-0000-00001-01
Land Assessment
$177,700
Improvements Assessment
$248,300
Total Assessment
$426,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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200 Main St
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