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23-00 NJ-208
Fair Lawn, NJ 07410
The Summit at Fair Lawn · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% medical tenancy, catering to the strong demand for healthcare space in Bergen County.
- Short drive to major highways, including Interstate 80 (4.2 miles), Route 17 (4.7 miles), and the Garden State Parkway (4.9 miles). Less than 14 miles
- Well-designed, modern medical office layouts offering flexible configurations.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
27,735 SF
Building Class
B
Year Built/Renovated
1985/1996
Price
$6,525,000
Price Per SF
$235.26
Cap Rate
6.85%
NOI
$446,730
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,868 SF
Building FAR
0.54
Lot Size
1.19 AC
Zoning
B-1
Parking
112 Spaces (4.04 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 17-05902-0000-00009 | Improvements Assessment | $2,224,800 |
| Land Assessment | $1,428,000 | Total Assessment | $3,652,800 |
PROPERTY TAXES
Parcel Number
17-05902-0000-00009
Land Assessment
$1,428,000
Improvements Assessment
$2,224,800
Total Assessment
$3,652,800
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