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Lender Owned Medical | Cash Flow & Upside 556 Eagle Rock Ave 42,149 SF 56% Leased Office Building Roseland, NJ 07068 For Sale
Investment Highlights
- Cash Flow Security – WALT of 6.5 years and rent roll highlighted by long-term tenants.
- Potential Upside Through Future Leasing – There are currently three vacant spaces.
- Floor 2 has one vacant suite totaling ±14,066 SF - one of the few 10,000+ SF single-floor availabilities within a 5-mile radius of the Property.
- New Surgical Tenant Signed to Long-Term Lease – In 2024, a new surgical tenant executed a 7-year, 9-month lease to wholly occupy the surgical center.
- Floor 1 has two vacant suites totaling ±6,869 SF.
- Superior Central Location – Easily accessible from the region’s primary freeways, Newark Liberty Int'l Airport, and a selection of major hospitals.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
42,149 SF
Building Class
B
Year Built
1982
Percent Leased
56%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,049 SF
Building FAR
0.34
Lot Size
2.88 AC
Zoning
OB-3
Parking
172 Spaces (4.1 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 108
- 1,128 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 109
- 3,422 SF
- Office/Medical
- Full Build-Out
- Now
- 2nd Fl-Ste 200
- 14,049 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 108 | 1,128 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 109 | 3,422 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 14,049 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 108
| Size |
| 1,128 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 109
| Size |
| 3,422 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 14,049 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Lender Owned Medical | Cash Flow & Upside | 556 Eagle Rock Ave
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