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70 Old Bloomfield Ave
Parsippany, NJ 07054
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,266 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.69 AC
Zoning
R-3
Parking
41 Spaces (3.64 Spaces per 1,000 SF Leased)

ABOUT 70 OLD BLOOMFIELD AVE , PARSIPPANY, NJ 07054

Investment Highlights: 13.5 years base lease term remaining Children of America - deliver educational programs for infants through elementary children 2.5% annual rental increase Easy access to Route 46 and Interstates 80, 280 and 287 Passive investment with quality tenant and attractive lease structure COA Operates 65 Locations Nationwide Investment Overview: Children of America (The Property), a 100% fee simple, single tenant NNN, 11, 266 square foot office property located in Parsippany, NJ. Children of America has 13.5 years remaining on a 15 year base lease term, followed by 2, 5-year options. The Property's lease features a 2.5% annual rental increase. The Property is located at the intersection of New Rd and Old Bloomfield Ave which is approximately 9 miles from The Friends of The Frelinghuysen Arboretum. Children of America is committed to providing a safe, developmentally appropriate environment for infants through elementary children. Their objective is to provide a stimulating and educational experience that promotes every child's social, emotional, physical and cognitive development. They deliver educational programs that foster self-esteem, encourage cur They deliver educational programs that foster self-esteem, encourage curiosity and inspire children to become lifelong learners. Headquartered in Delray Beach, FL with over 65 locations worldwide.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-00631-0000-00003
Land Assessment
$161,700
Improvements Assessment
$1,803,900
Total Assessment
$1,965,600
  • Listing ID: 9403502

  • Date on Market: 10/2/2017

  • Last Updated:

  • Address: 70 Old Bloomfield Ave, Parsippany, NJ 07054

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