Property

Sayreville, NJ 08859 3071 Bordentown Avenue

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Presented By: DAVIS REALTORS
  • MLS# 2400344R
  • 09/18/2023
  • Request Tour
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  • SQFT • 32,000

Home Details

Investment Highlights: 3071 Bordentown Ave presents a unique investment opportunity to purchase a fully leased 30,000SF +/- Freestanding Professional Building/School. The tenants have recently renewed and have 8 years remaining. The lease is NNN, with minimal to no landlord responsibilities. The income provides an 8%+ CAP rate at the asking price with built in annual escalations. Property Highlights: Built in 2002, the property has 3 nicely finished levels accessible w/ an ADA compliant elevator. Currently occupied by a school, the property is located in a B-2 (General Business Zone) which permits a wide range of uses. Property Features: 30,000 Total SF w/ 10,000 SF on each Level ADA Compliant Elevator Multiple Bathrooms, Utility Sub-Metering, and Zoned Heating/ Cooling on Each Level Large Meeting/Multi-Purpose Room on Lower Level Commercial Kitchen w/ Fire Suppression Hood Parking for 80+ w/ Overflow Shared Parking Two Separate Entrances w/ Secure Receptions Fully Sprinklered Throughout Outdoor Playground for School Use Windows Throughout the Perimeter of Each Level providing Natural Light Nice Pylon Signage w/ Visability Customizable Floorplan for Multiple Office Users which can be divided into 2,500 SF Quadrants Numerous Large Office/ Classrooms Constructed in 2003, so entire building is approx. 20 years old Zoned B-2 Real Estate Taxes: $90,760 per year (tenant pays) Floorplans Available As Attachments Prime investment opportunity w/ long term stable income, minimal landlord responsibilities, and above market CAP rate. Call for more information or to schedule a showing.
Presented By: DAVIS REALTORS

Interior Features for 3071 Bordentown Avenue

Bathrooms

Full Baths0
Half Baths
Total Baths

Other Interior Features

FlooringCarpet, Ceramic Tile, Composition Tile
Heating Y/NYes
Living Area UnitsSquare Feet
Street SuffixAvenue
Total Stories3

General for 3071 Bordentown Avenue

CitySayreville
Close Price
CoolingCentral Air
CountyMiddlesex
Days on Market80
Gas Y/NNatural Gas
HeatingForced Air
LevelsThree Or More
Lot Size Square Feet94525
MaintenanceExpense
ModificationTimestamp2023-09-18T09:01:40.000Z
Property SubTypeCommercial
Property TypeCommercial Sale
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories3
Street NameBordentown
Structure TypeOffice, Freestanding
Tax Annual Amount90761
Tax Year2022
Tenant PaysExterior Maintenance, Grounds Care, Insurance, Sewer, Snow Removal, Electricity, Taxes, Gas, Trash Collection, Water, Janitorial Service
Total Units0
UtilitiesElectricity Connected, Natural Gas Connected
Virtual TourClick here
Year Built2003
ZoningB2

Exterior for 3071 Bordentown Avenue

Building Area Total32000
Lot Dimensions0.00 x 0.00
Lot FeaturesNear Public Transit, Highway Location
Lot Size Acres2.17
Lot Size Area2.17
Total Parking80
Water SourcePublic

Additional Details

Price History

Ercan Akdogan

Office Manager
Price $8,000,000
MLS#2400344R
List Date 09/18/2023
Property Type Commercial
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