Office Medical
Jockey Hollow Medical Building
1201 Mt Kemble Ave, Morristown, NJ 07960
Listing Price: $2,790,000
Cap Rate
7.25%
Gross SF
13,725
Rentable SF
13,725
Price/Gross SF
$203.28
Occupancy
100.0%
Year Built
1981
Lot Size
0.26 acres
Investment Overview
Marcus & Millichap is pleased to exclusively present 1201 Mt. Kemble Ave, Morristown, Morris County, New Jersey.
Investment Highlights
- Easy Access to US-202 and Interstate 287
- Tenants Operating on Modified Gross Leases – Expense Reimbursements Over Base Year
- Highly Desirable Medical Space Near Top Tier Medical Hub of New Jersey, Morristown Medical Center – #1 Rated Hospital in New Jersey
Exclusively Listed By
Listing Price: $2,790,000
Cap Rate
7.25%
Gross SF
13,725
Rentable SF
13,725
Price/Gross SF
$203.28
Occupancy
100.0%
Year Built
1981
Lot Size
0.26 acres
Investment Highlights
- Easy Access to US-202 and Interstate 287
- Tenants Operating on Modified Gross Leases – Expense Reimbursements Over Base Year
- Highly Desirable Medical Space Near Top Tier Medical Hub of New Jersey, Morristown Medical Center – #1 Rated Hospital in New Jersey
Investment Overview
Marcus & Millichap is pleased to exclusively present 1201 Mt. Kemble Ave, Morristown, Morris County, New Jersey.