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70 Old Bloomfield Ave
Parsippany, NJ 07054
Child Education Center · Retail Property For Sale
PROPERTY FACTS
ABOUT 70 OLD BLOOMFIELD AVE , PARSIPPANY, NJ 07054
D'Alesandro Realtors is pleased to present a newly constructed child care facility located at 70 Old Bloomfield Ave., Parsippany, N.J. The building is 11,266 square feet, a two-story brick facade and has 39 parking spaces. It features state of the art security and a fully equipped playground. The facility has 12 classrooms, 14 bathrooms, reception area, directors room, fully equipped pantry, indoor playarea with slide, and much more.. Buy this new child care facility. Newly built and approved pre school, Licensed for 174 children. Total income over 15 years, NNN lease is about $5,000,000.00+ with 2 five year options. Monthly rent increases 2.5% a year. Leased at 24.50 per sq.ft. Commenced on 12/01/2015, 14years & 7 months left on lease + 2 five yr options. Tenant pays everything no cost to Owner. The property is close to Route 46, Interstate 80, Rt 280 and Interstate 287. The property is located within five miles of these area hospitals, St. Clare's, Morristown Memorial, and St. Barnabas. This property is truly a must see.
PROPERTY TAXES
| Parcel Number | 29-00631-0000-00003 | Improvements Assessment | $1,803,900 |
| Land Assessment | $161,700 | Total Assessment | $1,965,600 |
PROPERTY TAXES
