Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
- Type of Ownership: Fee Simple
Description
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Description:
15,000 SF 100% Leased Office Building Online Auction Sale Fair Lawn, NJ 07410
Colliers, as exclusive advisor to ownership, is pleased to present the sale of 14-01 Broadway, Fair Lawn, Bergen County, New Jersey (14-01 Broadway or the Property). 14-01 Broadway is a ±15,000-square-foot three-story medical office building. The property is fully leased by three medical tenants, including the AbraHealth Children’s Surgery Center, which has been in place since 2012. The Property includes an on-site street-level covered parking garage. Floor two is a fully built 8,000-square-foot floor plate occupied by the surgical center. Floor three is occupied by Everside Health (recently merged with Marathon Health) and Urology Specialty Care, PA. The Property is in a coveted location for a medical office. There are eight major regional medical centers within an 11-mile radius, including New Jersey’s top-ranked hospital - Hackensack University Medical Center, 5 miles away. More than 6.1 million people live within a 15-mile radius of 14-01 Broadway, with an average household income of approximately $150,000. Within a 3-mile radius, there are approximately 900 doctors and 1,500 medical providers. 14-01 Broadway is in a highly visible, easily accessible location. Broadway (also known as NJ Route 4) experiences high vehicle traffic with over 27,000 vehicles per day, and a U-turn is located directly across from the Property. There is both train and bus service within a five-minute walk. Many of New Jersey’s primary roadways, the Garden State Parkway, Interstate 80, US 46, Route 17, and Route 208 are within 3 miles. All three entryways to New York City and multiple international airports are within 20 miles. Open House: Wednesday October 22nd from 4-6PM
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Property Details
- Parking: 15 Spaces (1 Spaces per 1,000 SF Leased)
- Area: 15,000 sq ft
- Year built: 2012
- Sale Type: Investment
- Building Size: 15,000 SF
- Building Class: B
- Typical Floor Size: 5,000 SF
- Property Subtype: Medical
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 3 Stories
- Building Far: 1.19
- Zoning: OBS-2
Highlights
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- 60-Day Closing Extension Option
- AbraHealth Children’s Surgery Center, which occupies over 50% of RBA, has been in place for over 10 years.
- Highly visible, easily accessible location with over 27K VPD and walkable train and bus service.
- Fully leased 15,000-square-foot medical office with an on-site street-level covered parking garage.
- Premier medical hub with eight major hospitals within 11 miles, including the state’s top ranked hospital, Hackensack University Medical Center.
- Population over 6.1 million with an average household income of approx. $150,000 within 15 miles.
Location
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