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
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.