Child Care
Cosmic Education
1246 US-206, Bridgewater, NJ 08807
Listing Price: $6,254,000
Cap Rate
7.75%
Tenant Name
Comic Education
Years Remaining On Lease
16.2
Guarantor
Corporate Guarantee
Rentable SF
9,335
Lease Type
Double Net
Rent Per Square Feet
$51.92
Investment Overview
Marcus & Millichap is pleased to exclusively present 1246 US-206, Bridgewater, Somerset County, New Jersey.
Cosmic Education
Investment Highlights
- Long-Term NN Lease – Over 16 Years Remaining with Zero Landlord Management Responsibilities Beyond Roof, Structure, and HVAC.
- Newly Renovated (2021) – New Roof and HVAC System Installed.
- 2% Annual Rent Increases – Steady, Predictable Income Growth Baked into the Lease Through the Base Term and all Four Option Periods.
Exclusively Listed By
Listing Price: $6,254,000
Cap Rate
7.75%
Tenant Name
Comic Education
Years Remaining On Lease
16.2
Guarantor
Corporate Guarantee
Rentable SF
9,335
Lease Type
Double Net
Rent Per Square Feet
$51.92
Investment Highlights
- Long-Term NN Lease – Over 16 Years Remaining with Zero Landlord Management Responsibilities Beyond Roof, Structure, and HVAC.
- Newly Renovated (2021) – New Roof and HVAC System Installed.
- 2% Annual Rent Increases – Steady, Predictable Income Growth Baked into the Lease Through the Base Term and all Four Option Periods.
Investment Overview
Marcus & Millichap is pleased to exclusively present 1246 US-206, Bridgewater, Somerset County, New Jersey.
Exclusively Listed By
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