Description
First time on the market in Decades! Flex building investment property, spectacular Denville, NJ location. Close to all major highways, Route 46, 10, 80 & 287 all reached in minutes. Close to downtown Denville too. Tenants have all been long time occupants. Rent is slightly under market. Property can easily yield up to a 7 to 7.5% cap rate with a few adjustments. Building is clean, well maintained and ready for new owners. All tenants are willing to stay. Lease copies available as well as extensions. There are 5 Drive in Doors, varying in size slightly, 9'x12" average in size.
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0BEDS
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0.78ACRES
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0BATHS
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01/2 BATHS
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12,650SQFT
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$142$/SQFT
School Ratings & Info
Description
First time on the market in Decades! Flex building investment property, spectacular Denville, NJ location. Close to all major highways, Route 46, 10, 80 & 287 all reached in minutes. Close to downtown Denville too. Tenants have all been long time occupants. Rent is slightly under market. Property can easily yield up to a 7 to 7.5% cap rate with a few adjustments. Building is clean, well maintained and ready for new owners. All tenants are willing to stay. Lease copies available as well as extensions. There are 5 Drive in Doors, varying in size slightly, 9'x12" average in size.
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Data last updated 2023-06-05T23:46:28.71.