Log In/Sign Up
Your email has been sent.
4 Royal Rd 9,832 SF Retail Building Flemington, NJ 08822 $3,250,000 ($330.55/SF) 5.51% Cap Rate
INVESTMENT HIGHLIGHTS
- Single tenant triple net lease until 2035, with three 5-year options
- The rent is $14,911/month, $178,942/year, zero landlord expenses
- Zero landlord expenses
- Investment property that offers stability and long term income predictability.
- Modern building, all maintenance handled by tenant
EXECUTIVE SUMMARY
This is an established one-tenant child care center with a N-N-N lease that extend through July 31, 2035 with three 5-year options to extend. No expenses to owner. This property offers stability and income predictability.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
9,832 SF
Building Class
B
Year Built
2003
Price
$3,250,000
Price Per SF
$330.55
Cap Rate
5.51%
NOI
$178,942
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.86 AC
Zoning
I-2 - I-2 Industrial Zone, including Child-care centers Business/professional offices, Research facilities, Industrial park, Flex space, Manufacturing, etc.
Frontage
125’ on Royal Road
AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00036-03-00001 | Improvements Assessment | $1,312,000 |
| Land Assessment | $688,000 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
21-00036-03-00001
Land Assessment
$688,000
Improvements Assessment
$1,312,000
Total Assessment
$2,000,000
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4 Royal Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.