Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

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No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. 225 Littleton Road Morris Plains, NJ 973-267-7778 weichertcommercial.com Eric Bogovich Sales Associate 201-580-5204 cell [email protected] Commercial Brokerage , Inc . Medical Office Space for Sale or Lease +/- 1,000 SF 181 Franklin Avenue NUTLEY, NJ 07110 Condo fees include water, gas, and electric amongst other building CAM type charges All utilities are included in the lease rate One reserved parking space Details: Available Space: Unit 302: +/- 1,000 SF Lease Price: $2,300 per month Gross Lease + Janitorial Asking Price: $175,000; $588/mo. for Taxes + $625/mo. Condo Fees/CAM/Utilities Elevator in building Building is professionally managed Parking available on-site for patients

Transcript of Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

Page 1: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

Eric BogovichSales Associate

201-580-5204 cell

[email protected]

CommercialBrokerage, Inc..

Medical Office Space for Sale or Lease +/- 1,000 SF

181 Franklin AvenueNUTLEY, NJ 07110

• Condo fees include water, gas, and electric amongst other building CAM type charges

• All utilities are included in the lease rate• One reserved parking space

Details:

Available Space: Unit 302: +/- 1,000 SF

Lease Price: $2,300 per month Gross Lease + Janitorial

Asking Price: $175,000; $588/mo. for Taxes + $625/mo. Condo Fees/CAM/Utilities

• Elevator in building• Building is professionally managed• Parking available on-site for

patients

Page 2: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

CommercialBrokerage, Inc..

181 Franklin Avenue Unit 302

Location Map

Page 3: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

CommercialBrokerage, Inc..

181 Franklin Avenue Unit 302

Photo

Page 4: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

CommercialBrokerage, Inc..

181 Franklin Avenue Unit 302

Photos

Page 5: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

CommercialBrokerage, Inc..

181 Franklin Avenue Unit 302

DemographicsMarket Profile181 Franklin Ave, Nutley, New Jersey, 07110 3 Prepared by Esri181 Franklin Ave, Nutley, New Jersey, 07110 Latitude: 40.81443Rings: 1, 3, 5 mile radii Longitude: -74.16338

1 mile 3 miles 5 miles2020 Households by Income

Household Income Base 11,063 95,299 246,110<$15,000 6.5% 8.3% 10.9%$15,000 - $24,999 5.1% 6.6% 8.7%$25,000 - $34,999 4.2% 5.8% 7.5%$35,000 - $49,999 8.1% 8.0% 9.7%$50,000 - $74,999 15.0% 15.3% 15.8%$75,000 - $99,999 15.4% 13.3% 12.5%$100,000 - $149,999 21.8% 18.8% 15.8%$150,000 - $199,999 11.7% 10.6% 8.4%$200,000+ 12.2% 13.5% 10.5%

Average Household Income $114,192 $116,063 $99,5722025 Households by Income

Household Income Base 11,116 96,488 250,437<$15,000 5.7% 7.4% 9.9%$15,000 - $24,999 4.4% 5.9% 8.1%$25,000 - $34,999 3.8% 5.2% 7.1%$35,000 - $49,999 7.1% 7.2% 9.1%$50,000 - $74,999 13.3% 14.0% 15.0%$75,000 - $99,999 14.0% 12.8% 12.4%$100,000 - $149,999 22.0% 19.4% 16.5%$150,000 - $199,999 13.8% 12.2% 9.6%$200,000+ 15.9% 16.0% 12.4%

Average Household Income $131,826 $130,602 $111,3992020 Owner Occupied Housing Units by Value

Total 7,108 51,293 109,621<$50,000 1.4% 1.8% 2.0%$50,000 - $99,999 0.3% 0.4% 0.7%$100,000 - $149,999 1.9% 1.7% 2.1%$150,000 - $199,999 3.5% 3.2% 4.8%$200,000 - $249,999 6.0% 6.2% 7.6%$250,000 - $299,999 9.5% 11.2% 11.7%$300,000 - $399,999 42.6% 33.2% 30.6%$400,000 - $499,999 20.5% 18.9% 18.3%$500,000 - $749,999 11.2% 14.7% 15.0%$750,000 - $999,999 2.3% 5.9% 4.7%$1,000,000 - $1,499,999 0.6% 1.5% 1.5%$1,500,000 - $1,999,999 0.0% 0.5% 0.4%$2,000,000 + 0.2% 0.6% 0.5%

Average Home Value $393,054 $440,423 $422,8552025 Owner Occupied Housing Units by Value

Total 7,206 52,196 112,383<$50,000 1.2% 1.8% 2.0%$50,000 - $99,999 0.1% 0.2% 0.5%$100,000 - $149,999 0.9% 0.9% 1.2%$150,000 - $199,999 1.8% 1.9% 3.1%$200,000 - $249,999 3.2% 3.9% 5.2%$250,000 - $299,999 5.7% 7.9% 9.0%$300,000 - $399,999 37.3% 30.7% 28.6%$400,000 - $499,999 26.4% 22.5% 21.2%$500,000 - $749,999 17.8% 19.1% 19.9%$750,000 - $999,999 3.8% 7.6% 6.1%$1,000,000 - $1,499,999 1.1% 2.0% 2.0%$1,500,000 - $1,999,999 0.0% 0.7% 0.5%$2,000,000 + 0.6% 0.9% 0.7%

Average Home Value $449,358 $487,344 $466,754

Data Note: Income represents the preceding year, expressed in current dollars. Household income includes wage and salary earnings, interest dividends, net rents, pensions, SSI and welfare payments, child support, and alimony. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025 Esri converted Census 2000 data into 2010 geography.

August 21, 2020

©2020 Esri Page 2 of 7

Page 6: Medical Office Space for Sale or Lease +/- 1,000 SF - LoopNet

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

225 Littleton Road • Morris Plains, NJ • 973-267-7778 • weichertcommercial.com

CommercialBrokerage, Inc..

181 Franklin Avenue Unit 302

Traffic Count

De Vausney Pl

MonroeSt

Sprin

gSt

Vine St

Howa

rdPl

Fulto

nSt

Taft St

Bloo

mfie

ldAv

e

Harrison St

Crestwood

Ave

Donna Ct

Pros

pect

St

Church St

Speer P

l

Woo

dlandAv

e

Pros

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St

Race St

Sprin

gSt

Stager St

Stager St

Vinc

entPl

New St

Orchard St

Lind

enPl

William St

William St

Clover

St

Hillside Cres W

arrenSt

Park

Dr

Holmes St

Booth Dr

Centre St

AT&T

Nutley HighSchool

Lil Burgers

TD Bank

Nutley Twp

Chase St

CrossSt

Br

ooklineAve

Prospe

ctSt

Everg

reen A

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Erne

stSt

Florence St

Albany Ave

Entwistle

Ave

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klin

Ave

Centre St

Booth Park

CVS/pharmacy

BURGER KING

A&S ItalianPork Store

Evelyn Pl

ParkDr

Shepard Pl

Park Way

Yantacaw Park

Pas

saic

Ave

Ideal Ct

Bay

ardSt

Oakridge Ave

0 0.05 0.1mi

Pros

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St

Stager St

William St

Chase St Florence StBooth Park

BroughtonAve

Grant AveHarrison St

Hancox Ave

Pass

aicAve

VreelandAve

Nutley Ave

Bloomfie

ldAv

e

Centre St

Fran

klin

Ave

Garde

nSt ate

Pkw

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Nutley

Traffic Count Map - Close Up181 Franklin Ave, Nutley, New Jersey, 07110 4 Prepared by Esri181 Franklin Ave, Nutley, New Jersey, 07110 Latitude: 40.81443Rings: 1, 3, 5 mile radii Longitude: -74.16338

Source: ©2020 Kalibrate Technologies (Q2 2020).

August 25, 2020

©2020 Esri Page 1 of 1