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Middletown Medical Arts Plaza 370 Route 35 S 12,500 SF 80% Leased Office Building Red Bank, NJ 07701 $3,500,000 ($280/SF) 7% Cap Rate
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,500 SF
Building Class
B
Year Built/Renovated
1987/2010
Price
$3,500,000
Price Per SF
$280
Cap Rate
7%
NOI
$245,000
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,250 SF
Building FAR
0.26
Lot Size
1.10 AC
Zoning
C-12.5 - Commercial/Professional
Parking
76 Spaces (6.08 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 1,250 SF
- Office/Medical
- -
- Now
- 1st Floor
- 1,250 SF
- Office/Medical
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,250 SF | Office/Medical | - | Now |
| 1st Floor | 1,250 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 1,250 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,250 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
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
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Middletown Medical Arts Plaza | 370 Route 35 S
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