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60 Pompton Ave 30,000 SF 70% Leased Office Building Verona, NJ 07044 $4,200,000 ($140/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Great connectivity to major roads
EXECUTIVE SUMMARY
Future NOI with vacant space would be 9%.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
30,000 SF
Building Class
C
Year Built/Renovated
1970/1985
Price
$4,200,000
Price Per SF
$140
Cap Rate
5%
NOI
$210,000
Percent Leased
70%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Slab To Slab
12’
Building FAR
0.34
Lot Size
2.00 AC
Zoning
Office/Medical
Parking
94 Spaces (3.13 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Conferencing Facility
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 20-00807-0000-00016 | Improvements Assessment | $1,916,100 |
| Land Assessment | $1,094,000 | Total Assessment | $3,010,100 |
PROPERTY TAXES
Parcel Number
20-00807-0000-00016
Land Assessment
$1,094,000
Improvements Assessment
$1,916,100
Total Assessment
$3,010,100
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60 Pompton Ave
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