468 Parish Dr 11,500 SF 100% Leased Office Building Wayne, NJ 07470 $3,500,000 ($304.35/SF) 7.71% Cap Rate

Presenting 468 Parish Drive, a premier investment property located in the heart of Wayne, New Jersey. This meticulously maintained 11,500 SF building sits on a generous 1.83-acre lot within R-15 zoning, offering a rare combination of stability, modern upgrades, and long-term income potential.
Currently fully leased to strong-credited tenants, the property boasts a Weighted Average Lease Term (WALT) of 7.29 years, providing investors with reliable and consistent cash flow. All tenant spaces have been modernized and updated, creating a professional and appealing environment that supports tenant retention and satisfaction. The building offers 50 on-site parking spaces, ensuring convenient access for both employees and patients. Additionally, there are storage units located at the rear of the property, available exclusively for tenant use—an added amenity that enhances tenant value and convenience.
The site also offers potential for additional revenue through possible reconfiguration or future service enhancements. Its strategic location near major highways,
including Route 80 and Route 23, provides exceptional connectivity and visibility, making it a highly attractive destination for both tenants and their clients.
This asset represents a unique opportunity to own a turnkey, income-generating property in a high-demand corridor. Ideal for buyers seeking a stable portfolio
addition with long-term upside.