500 N Franklin Tpke | Ramsey, NJ 07446
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- LoopNet Team
500 N Franklin Tpke
Ramsey, NJ 07446
Ramsey Office Centre · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 500 North Franklin is a pristine 136,481 RSF office building with a WALT of five years and occupancy at 95% by an array of strong tenants.
- Strategically positioned at the intersection of Hilltop Road and North Franklin Turnpike.
- Features a robust lineup of tenants, providing investors with a secure and stable cash flow.
- It is conveniently located near major national retailers such as Starbucks and Home Depot as well as several luxury car dealerships.
PROPERTY FACTS
Property Type
Office
Building Size
136,481 SF
Building Class
A
Year Built
1989
Percent Leased
94%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
47,067 SF
Slab To Slab
13’
Building FAR
0.39
Lot Size
7.97 AC
Zoning
L-O - Laboratory and Office Building District.
Parking
685 Spaces (4.85 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Courtyard
- Fitness Center
- Food Service
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 48-03702-0000-00001 | Improvements Assessment | $12,078,100 |
| Land Assessment | $7,008,300 | Total Assessment | $19,086,400 |
PROPERTY TAXES
Parcel Number
48-03702-0000-00001
Land Assessment
$7,008,300
Improvements Assessment
$12,078,100
Total Assessment
$19,086,400
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