33 Munsonhurst Rd | Franklin, NJ 07416
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33 Munsonhurst Rd
Franklin, NJ 07416
Ascend Wellness Holdings · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease With Annual Rent Increases
- One of the Largest Publicly Traded Cannabis Companies - Expanding Cannabis Market
- Frontage on Route 23 With Excellent Visibility
- Attractive 3 Percent Annual Rent Escalations Throughout the Base Term
- Exceptional Revenue Numbers and Continuous Growth
- Adjacent to Multiple National Retail Chains Such as T-Mobile, Dollar Tree, Starbucks, Mattress Firm, Wendy’s, Walmart
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
3,528 SF
Building Class
B
Year Built/Renovated
1900/2003
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,764 SF
Building FAR
0.07
Lot Size
1.11 AC
Zoning
HC-1
Parking
38 Spaces (10.77 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 06-02402-0000-00004 | Improvements Assessment | $808,000 |
| Land Assessment | $335,500 | Total Assessment | $1,143,500 |
PROPERTY TAXES
Parcel Number
06-02402-0000-00004
Land Assessment
$335,500
Improvements Assessment
$808,000
Total Assessment
$1,143,500
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