Unit Multi-Tenant Office Building and Adjacent Parking Lot
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Available on
December 15, 2023
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Time on Market
4 months
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Last updated
Dec 14, 2023
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Space ID
2152035
Property Details
• HIGH OCCUPANCY – The property is currently 91% leased to a mix of six (6) tenants with the additional upside of leasing the one vacant suite consisting of 1,975 square feet. This high yield offering provides excellent immediate cash flow with upside potential through leasing up the remaining vacant suite.. • RECENTLY RENOVATED – The property underwent significant renovations in 2022 in which a new roof was installed with a 20-year warranty.. • AMPLE VISIBILITY – The property benefits from ample visibility from West Landis Ave, a main thoroughfare in the area boasting over 19,600 VPD.. • ADDITIONAL PARKING INCLUDED – In addition to the eighty-one (81) total parking spaces which come with the offering, thanks to a recorded Parking and Access Agreement, the tenants have the ability to park in the adjacent lot, outlined in yellow throughout. The adjacent building owner is responsible for all of the maintenance and upkeep of the parking area. The additional parking gives the buyer the ability to mix in a heavy-parking Tenant should the opportunity present itself.. • CENTRALLY LOCATED – The property is located in Vineland, New Jersey, the largest municipality in Cumberland County in the heart of southern New Jersey. Vineland is centrally located just thirty-three (33) miles west of Atlantic City, New Jersey and 33 miles east of Philadelphia, Pennsylvania.
- Property TypeOffice
- Total Building Size28,415RSF
- Total Available28,415RSF
- Last updatedDec 15, 2023
- Property ID2230527