Single-Tenant Office
State of NJ (Morris County Career Center)
13 Emery Ave, Randolph, NJ 07869
Listing Price: $4,145,000
Cap Rate
8.50%
Gross SF
18,243
Rentable SF
18,243
Price/Gross SF
$227.21
Lot Size
5.17 acres
Year Built
1982
Investment Overview
Marcus & Millichap is pleased to exclusively present 13 Emery Avenue, Randolph, Morris County, New Jersey.
Investment Highlights
- State of New Jersey Credit Tenant – Leased to The State of New Jersey, Providing Exceptional Government-Backed Tenant Credit and Income Stability.
- Established Government Occupancy – Home to the Morris County One-Stop Career Center, Serving The Community Through Essential Workforce and Employment Services.
- Rare Land-Backed Investment Opportunity – Existing 18,243 Square Foot Office Building Offers Investors Current Income with Potential Future Industrial Redevelopment or Repositioning.
Exclusively Listed By
Listing Price: $4,145,000
Cap Rate
8.50%
Gross SF
18,243
Rentable SF
18,243
Price/Gross SF
$227.21
Lot Size
5.17 acres
Year Built
1982
Investment Highlights
- State of New Jersey Credit Tenant – Leased to The State of New Jersey, Providing Exceptional Government-Backed Tenant Credit and Income Stability.
- Established Government Occupancy – Home to the Morris County One-Stop Career Center, Serving The Community Through Essential Workforce and Employment Services.
- Rare Land-Backed Investment Opportunity – Existing 18,243 Square Foot Office Building Offers Investors Current Income with Potential Future Industrial Redevelopment or Repositioning.
Investment Overview
Marcus & Millichap is pleased to exclusively present 13 Emery Avenue, Randolph, Morris County, New Jersey.
Exclusively Listed By