33-39 Kennedy Rd | Andover, NJ 07821
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33-39 Kennedy Rd
Andover, NJ 07821
Village Green Office Center · Office Property For Sale
Investment Highlights
- Diverse Business Types
- Well Maintained
- Excess Parking
Executive Summary
18 UNIT METICULOUS Professional Office Building. There is an additional 1500SF - 2 story building for more offices or storage. The Property & Buildings show Pride in Ownership. Truly turn key - Just continue to collect rents. Mix of office spaces from individual to multiple offices within the units. Some have kitchenettes, some have private baths. 70 lined parking spaces. Cap rate potential is huge, with 100% occupancy! Currently building is 77% occupied. Currently landlord pays all utilities. Leases are Gross Leases. This building is minutes from EXIT 19 on Route 80. Nice quiet country road location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,400 SF
Building Class
B
Year Built
1992
Price
$1,900,000
Price Per SF
$132
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,200 SF
Building FAR
0.10
Lot Size
3.34 AC
Zoning
3
Parking
70 Spaces (4.86 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 08-00015-0000-00001 | Improvements Assessment | $727,800 |
| Land Assessment | $188,400 | Total Assessment | $916,200 |
PROPERTY TAXES
Parcel Number
08-00015-0000-00001
Land Assessment
$188,400
Improvements Assessment
$727,800
Total Assessment
$916,200
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