Log In/Sign Up
Your email has been sent.
Middletown Medical Arts Plaza 370 Route 35 S 10,000 SF 100% Leased Office Building Red Bank, NJ 07701 $3,200,000 ($320/SF) 6.96% Cap Rate
Investment Highlights
- PROVEN MEDICAL OFFICE INVESTMENT – SAME OWNERSHIP SINCE 1997
- EXCELLENT DEMOGRAPHICS - MONMOUTH COUNTY/CENTRAL JERSEY CACHET
- VALUE ADD COMPONENT – ONLY ONE REMAINING AVAILABLE SPACE (1,250 SQ FT)
- MAJOR NETFLIX STUDIO DEVELOPMENT - REGIONAL ECONOMIC CATALYST
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built/Renovated
1987/2010
Price
$3,200,000
Price Per SF
$320
Cap Rate
6.96%
NOI
$222,874
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.23
Lot Size
0.98 AC
Zoning
C-12.5 - Commercial/Professional
Parking
70 Spaces (7 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Wi-Fi
- Air Conditioning
- Smoke Detector
1 1
Property Taxes
| Parcel Number | 32-00932-0000-00006 | Improvements Assessment | $828,100 |
| Land Assessment | $580,000 | Total Assessment | $1,408,100 |
Property Taxes
Parcel Number
32-00932-0000-00006
Land Assessment
$580,000
Improvements Assessment
$828,100
Total Assessment
$1,408,100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Middletown Medical Arts Plaza | 370 Route 35 S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.