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BrightPath Daycare (Corporate) 70 Old Bloomfield Ave

11,266 SF Retail Building Parsippany, NJ 07054 $4,667,000 ($414/SF) 7% Cap Rate

Retail Space New Jersey Parsippany 70 Old Bloomfield Ave, Parsippany, NJ 07054

Investment Highlights

  • Corporate Guarantee From BrightPath Kids
  • Large 1.69 Acre Lot With 41 Parking Spaces
  • Long Term Lease With 2.5% Annual Rental Increases

Attachments

Bright Path Kids - 70 Bloomfield Ave Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,266 SF
Building Class
B
Year Built
2014
Price
$4,667,000
Price Per SF
$414
Cap Rate
7%
NOI
$326,714
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Land Acres
1.69 AC
Zoning
R-3
Parking
41 Spaces (3.64 Spaces per 1,000 SF Leased)
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PROPERTY TAXES

Parcel Number 29-00631-0000-00003 Improvements Assessment $1,803,900
Land Assessment $161,700 Total Assessment $1,965,600

PROPERTY TAXES

Parcel Number
29-00631-0000-00003
Land Assessment
$161,700
Improvements Assessment
$1,803,900
Total Assessment
$1,965,600
(201) 742-6118

  • Listing ID: 33220958

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 70 Old Bloomfield Ave, Parsippany, NJ 07054

More public record information on 70 Old Bloomfield Ave, Parsippany, NJ 07054

The Retail Property at 70 Old Bloomfield Ave, Parsippany, NJ 07054 is currently available For Sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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BrightPath Daycare (Corporate) | 70 Old Bloomfield Ave
(201) 742-6118 x

BrightPath Daycare (Corporate) | 70 Old Bloomfield Ave

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Alan Cafiero

(201) 742-6118

(201) 742-6118

David Cafiero

(201) 742-6115

(201) 742-6115

John Moroz

(201) 742-6131

(201) 742-6131

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