690 Whitehead Rd
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690 Whitehead Rd
6,000 SF 100% Leased Office Building Lawrenceville, NJ 08648 $1,000,000 ($167/SF) 7.18% Cap Rate
Executive Summary
The building is a 6,000 sq ft office/commercial building, fully occupied by two established tenants, including a thriving day care facility. The building shares a lot with a second building which is a church. The office/commercial building also offers ample storage and a full basement, enhancing its versatility for a variety of commercial uses.
Situated on a one-acre lot with 36 parking spaces, this property is designed for convenience and accessibility. Its strategic location near major highways and train stations ensures easy access for tenants and visitors alike, further boosting its appeal.
Situated on a one-acre lot with 36 parking spaces, this property is designed for convenience and accessibility. Its strategic location near major highways and train stations ensures easy access for tenants and visitors alike, further boosting its appeal.
Property Facts
Sale Type
Investment
Property Type
Building Size
6,000 SF
Building Class
C
Year Built
1960
Price
$1,000,000
Price Per SF
$167
Cap Rate
7.18%
NOI
$71,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.15
Lot Size
0.90 AC
Zoning
O
Parking
24 Spaces (1 Space per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 07-01601-0000-00046 | Improvements Assessment | $447,000 |
Land Assessment | $163,000 | Total Assessment | $610,000 |
PROPERTY TAXES
Parcel Number
07-01601-0000-00046
Land Assessment
$163,000
Improvements Assessment
$447,000
Total Assessment
$610,000
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690 Whitehead Rd
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