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Voorhees Design Center 476 Centennial Blvd 33,000 SF 100% Leased Flex Building Voorhees, NJ 08043 $4,750,000 ($143.94/SF) 6.36% Cap Rate
EXECUTIVE SUMMARY
Fully leased flex building with below market leases rolling over in the next few years. Buyer's premium for Co-Brokers
PROPERTY FACTS Under Contract
| Price | $4,750,000 | Lot Size | 3.33 AC |
| Price Per SF | $143.94 | Rentable Building Area | 33,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.36% | Year Built | 1987 |
| Property Type | Flex | Clear Ceiling Height | 15’ |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 19 |
| Building Class | B | ||
| Zoning | O3 - permits wholesaling, distribution, and - as a conditional use- light industrial | ||
| Price | $4,750,000 |
| Price Per SF | $143.94 |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 3.33 AC |
| Rentable Building Area | 33,000 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 19 |
| Zoning | O3 - permits wholesaling, distribution, and - as a conditional use- light industrial |
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PROPERTY TAXES
| Parcel Number | 34-00206-0000-00007-02 | Improvements Assessment | $2,582,000 |
| Land Assessment | $1,332,000 | Total Assessment | $3,914,000 |
PROPERTY TAXES
Parcel Number
34-00206-0000-00007-02
Land Assessment
$1,332,000
Improvements Assessment
$2,582,000
Total Assessment
$3,914,000
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Voorhees Design Center | 476 Centennial Blvd
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