请联系Alan Cafiero以安排访问alan.cafiero@marcusmillichap.com或201-742-6118物业。 投资亮点：±83,168平方英尺增值办公楼（租赁权益）±46年剩余地租租赁以市场利率租赁可用的GLA（41,519 平方英尺）的±50％的巨大增值及最近升级的标牌，入口，大厅A +卑尔根县位于I-80和花园州立大道密集演示的交叉点，有±669,194名居民，在5,00英里半径内为平均家庭收入在$ 84,001 投资概览：Park 80 East是一个±83,168 平方英尺的办公楼，位于160 Pehle Avenue Saddle Brook，New Jersey。这种增值服务提供了独特的机会，购买投资者自有办公楼的地租权益，并通过以市场利率租赁，大幅增加未来的NOI收入。 Park 80 East是一栋4层的矩形多层写字楼，有两个电梯银行，9英尺高的天花板，新装修的入口，标牌，大堂和成熟的景观。Park 80 East位于±4.3 AC，有373个沥青停车位（每1,000 平方英尺4个）。该建筑提供17个租户单位， 有9个目前被租用，其中包括Liberty Mutual Insurance，Solomon Page Group，NJ Urology，CRS Facility Services，HEPCO，BCD Health Partners，Petmatrix，Friend Skoler＆Co和Safe Streets USA ... ..该建筑可容纳寻求±1,341 平方英尺高达±21,341 平方英尺连续空间的新租户，通过租赁市场价格可用的GLA（41,519 平方英尺）的±50％，有巨大的增值机会。 建成后，租赁地位签署了95年的绝对NNN租约，到期时间为2062年或±46年。目前的租赁地位是每年支付4.50美元NNN以下或约335,000美元每年。Saddle Brook位于卑尔根县的一个乡镇，与Garden State Parkway（159号出口），80号州际公路（62号出口）和美国46号路线相交。此外，4号干线和17号干线距离其边界四分之一英里。该住宅位于新泽西州最富有的县，位于I-80和花园州立公园的交汇处。该住宅位于Saddle Brook市中心的商业/住宅区，距离所有主要的购物，餐馆和公共交通仅有几分钟的路程。毗邻的地产包括Park 80 West，花园广场酒店和Saddle Brook Marriott酒店，是Bergen县的黄金地段。其他区域设施包括附近的Garden State Plaza, Paramus Park mall, Bergen mall 和 Riverside的购物中心。该地产受益于人口密集，有±669,194居民，在5英里半径内的平均家庭收入为$ 84,001。 Park 80 East为获得一个可见度高，位置优越的且具有增值潜力的地产提供了一个机会。该地产将于4月24日星期一至4月26日星期三拍卖。显示的价格是500,000美元的起始价。欲了解更多信息和注册，请登录Ten-X.com。
Please contact Alan Cafiero to schedule property tours at alan.cafiero@marcusmillichap.com or 201-742-6118. Investment Highlights: ±83,168 SF value-add office building (Leasehold Interest) ±46 Years Remaining on Ground Lease Property recently reassessed by Property Assessor Huge value-add through lease-up of the available ±50% of GLA (41,519 SF) at market rates Potential redevelopment opportunity with favorable CH-1 Zoning (Limited Commercial-1 District) Recently Upgraded Signage, Entryway, and Lobby A+ Bergen County location at the intersection of I-80 and Garden State Parkway Dense demos with ±669,194 residents & average HH income of ±$84,001 within 5-mile radius Investment Overview: Park 80 East is a ±83,168 SF office building located at 160 Pehle Avenue Saddle Brook, New Jersey. This value-add offering provides the unique opportunity to purchase the ground lease interest of the investor owned office building and substantially increase future NOI through lease-up at market rates. Park 80 East is 4-story, rectangular-shaped, multi-tenant office building offering two elevator banks, 9-foot ceiling heights, newly remodeled entrance, signage, lobby, and mature landscaping. Park 80 East is situated on ±4.3 AC with 373 asphalt parking spaces (4 per 1,000 SF). The building offers 17 tenant units of which 9 are currently occupied to a mix of tenants including Liberty Mutual Insurance, Solomon Page Group, NJ Urology, CRS Facility Services, HEPCO, BCD Health Partners, Petmatrix, Friend Skoler & Co, and Safe Streets USA.. The building can accommodate new tenants seeking ±1,341 SF up to ±21,341 SF of contiguous space and there is a huge value-add opportunity through lease-up of the available ±50% of GLA (41,519 SF) at market rates. Additionally, this Property offers a potential redevelopment opportunity with favorable CH-1 Zoning (Limited Commercial-1 District). This zoning allows for various uses including hotel, business and professional offices, medical clinics, scientific/engineering/research offices, banks and financial institutions, and other public uses. When built, the leasehold position signed a 95 year absolute NNN lease, which expires in 2062 or ±46 years. The current leasehold position is paying under $4.50 NNN or roughly $335,000 annually. The current owner recently had the property reassessed to reduce property taxes. See Revised 2017 Tax Assessment as well as the fax from the municipality confirming the new 2017 Tax Assessment, contained in the Due Diligence vault. Saddle Brook is a township in Bergen County intersected by the Garden State Parkway (Exit 159), Interstate Route 80 (Exit 62), and U.S. Route 46. In addition, Route 4 and Route 17 are within a quarter mile of its border. The property is ideally located in New Jersey’s wealthiest county at the interchange of I-80 and the Garden State Parkway. The property is located in a commercial/residential district within the downtown area of Saddle Brook and minutes from all major shopping, restaurants and public transportation. Neighboring properties include Park 80 West, the Garden Plaza Hotel and the Saddle Brook Marriott, posing a prime location within Bergen County. Additional area amenities include the nearby Garden State Plaza, Paramus Park mall, Bergen mall and The Shops at Riverside. The property benefits from dense demographics with ±669,194 residents with an average HH income of ±$84,001 within a 5-mile radius. Park 80 East presents an opportunity to acquire a highly visible, well-situated asset with value-add potential through either lease-up or redevelopment. This property will be auctioned on Monday, April 24 - Wednesday, April 26 . The price displayed is the starting bid amount of $500,000. For information and to register to bid on this property, please visit Ten-X.com.
