1445 Cantillon Blvd
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1445 Cantillon Blvd
7,486 SF 100% Leased Office Building Mays Landing, NJ 08330 $699,000 ($93/SF) 6.01% Cap Rate
Investment Highlights
- Located just off Rte 40.
- The parking lot can hold up to 50 cars.
- The heater and central air are new.
- Equipped with 32" wide doors.
Executive Summary
Located just off Rte 40, this all-block and brick commercial building, located on over 2 acres, is perfect for anyone looking for an investment. The building is currently split into 2 units. Unit one is a daycare and is leased for $3500 a month. This unit is 5,308 sqft. The second unit is 2,178 sqft and offers 2 baths and several offices and a kitchenette. Unit #2 is currently vacant. There is a basement under this unit which is also 2,178 sqft. The heater and central air are newer. There is a newer sump pump with battery backup. The parking lot can hold up to 50 cars +/-. This could be a perfect place for business offices or other professional uses. Call today for your personal tour.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
7,486 SF
Building Class
C
Year Built
1987
Price
$699,000
Price Per SF
$93
Cap Rate
6.01%
NOI
$42,000
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,743 SF
Building FAR
0.08
Lot Size
2.16 AC
Zoning
P - Professional
Parking
50 Spaces (6.68 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 12-00991-0000-00017 | Improvements Assessment | $627,300 |
Land Assessment | $82,800 | Total Assessment | $710,100 |
PROPERTY TAXES
Parcel Number
12-00991-0000-00017
Land Assessment
$82,800
Improvements Assessment
$627,300
Total Assessment
$710,100
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1445 Cantillon Blvd
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