ID# 1535 - Real Estate Investment Opportunity

Montvale, Bergen County, NJ

15
 

Asking Price: $1,375,000

 

Business Description

This listing is for an excellent real estate investment opportunity in affluent Montvale, NJ. The stand-alone 3,280 sq. ft. building is situated on .5659 acres of land with 38 parking spaces. The current tenant has a lease that will expire in 2,024 with rental income increasing yearly. Rent roll:

July 1, 2014 - June 30, 2019 - $7,600.00/month

July 1, 2019 - June 30, 2020 - $7,790.00/month

July 1, 2020 - June 30, 2021 - $7,984.75/month

July 1, 2021 - June 30, 2022 - $8,184.37/month

July 1, 2022 - June 30, 2023 - $8,388.98/month

July 1, 2023 - June 30, 2024 - $8,598.70/month

Tenant pays annual taxes. Please do not disturb tenant or tenant's business.

Call us today to discuss further discuss this investment opportunity and to schedule a walk-through. (201)845-3700


Detailed Information

Real Estate: Owned

Building SF: 3,280

Sale Includes: Property, Building, Tenant with Lease

 

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