40 Galesi Dr | Wayne, NJ 07470
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- LoopNet Team
40 Galesi Dr
Wayne, NJ 07470
Strong Performing Office Asset With Value-Add · Office Property For Sale
INVESTMENT HIGHLIGHTS
- A two-story freestanding 25,954-square-foot office building on a 1.54-acre lot in Wayne, New Jersey.
- The property has recently undergone capital upgrades, including a new roof with a GAF warranty, fencing, a patio area, two new HVAC, and LED lighting.
- This cash-flowing asset is occupied at 84% by a diverse tenant mix with an annual NOI of $245,000.
- 40 Galesi Drive is an excellent opportunity for investors and owner users to add value by leasing up vacant suites to increase NOI.
- Conveniently located off routes 46 and 23, Interstate 80, and Just twenty miles northwest of Manhattan.
- Located nearby national retailers include The Home Depot, Marshalls, Costco Wholesale, Wendy's, IHOP, Hobby Lobby, and Bed Bath & Beyond.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
25,548 SF
Building Class
B
Year Built/Renovated
1969/2015
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,774 SF
Building FAR
0.38
Lot Size
1.54 AC
Parcel Number
14-00400-0000-00012
Zoning
I, Wayne Twp. - office
Parking
86 Spaces (3.37 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Kitchen
- Reception
- Central Heating
- Fully Carpeted
- Natural Light
- Open-Plan
- Reception
- Recessed Lighting
- Drop Ceiling
- Air Conditioning
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
