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Child Care

BrightPath Childcare Center

70 Old Bloomfield Ave, Parsippany-Troy Hills, NJ 07054

Listing Price: $4,667,000

Cap Rate
7.00%
Tenant Name
BrightPath
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
11,266
Lease Type
Double Net
Rent Per Square Feet
$29.00

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare single tenant property located at 70 Old Bloomfield Avenue, Parsippany-Troy Hills, Morris County, New Jersey.

Investment Highlights

  • Corporate Guarantee from BrightPath Kids
  • Long Term Lease with 2.5% Annual Rental Increases
  • Large 1.69 Acre Lot with 41 Parking Spaces

Exclusively Listed By

Child Care

BrightPath Childcare Center

Listing Price: $4,667,000

Cap Rate
7.00%
Tenant Name
BrightPath
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
11,266
Lease Type
Double Net
Rent Per Square Feet
$29.00

Investment Highlights

  • Corporate Guarantee from BrightPath Kids
  • Long Term Lease with 2.5% Annual Rental Increases
  • Large 1.69 Acre Lot with 41 Parking Spaces

Investment Overview

Marcus & Millichap is pleased to exclusively present a rare single tenant property located at 70 Old Bloomfield Avenue, Parsippany-Troy Hills, Morris County, New Jersey.

Exclusively Listed By

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