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Warrenview Knoll 258 King George Rd 14,500 SF 100% Leased Office Building Warren, NJ 07059 $4,000,000 ($275.86/SF) 6.39% Cap Rate
EXECUTIVE SUMMARY
100% OCCUPIED TROPHY ASSET! WELL-MAINTAINED 14,500 SF BUILDING IN BEAUTIFUL WARREN TOWNSHIP (SOMERSET COUNTY). 1ST FLOOR (MAIN BUILDING) OCCUPIED BY DANCE SCHOOL, 2ND FLOOR (MAIN BUILDING) OCCUPIED BY MONTESSORI SCHOOL. ANNEX OCCUPIED BY MUSIC SCHOOL. ALL TENANTS ARE WELL ESTABLISHED AND HAVE MULTI-YEAR LEASES W/ RENEWALS. MANY RECENT UPDATES! MINUTES FROM EXIT 36 ON I-78 EXCELLENT INVESTMENT OPPORTUNITY: NOI : $255,763 6.39 CAP RATE
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,500 SF
Building Class
B
Year Built
1996
Price
$4,000,000
Price Per SF
$275.86
Cap Rate
6.39%
NOI
$255,763
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,150 SF
Building FAR
0.12
Lot Size
2.70 AC
Zoning
Commercial
Parking
49 Spaces (3.38 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Central Heating
- DDA Compliant
- High Ceilings
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Washington Rock Band School
- Educational Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Washington Rock Band School | Educational Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 20-00082-0000-00005 | Improvements Assessment | $2,537,200 |
| Land Assessment | $1,043,800 | Total Assessment | $3,581,000 |
PROPERTY TAXES
Parcel Number
20-00082-0000-00005
Land Assessment
$1,043,800
Improvements Assessment
$2,537,200
Total Assessment
$3,581,000
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Warrenview Knoll | 258 King George Rd
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