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Office Medical

Jockey Hollow Medical Building

1201 Mt Kemble Ave, Morristown, NJ 07960

Listing Price: $3,400,000

Cap Rate
6.25%
Gross SF
18,802
Rentable SF
18,802
Price/Gross SF
$180.83
Occupancy
100.0%
Year Built
1981
Lot Size
2.50 acres

Investment Overview

Marcus & Millichap is pleased to exclusively present Jockey Hollow Medical Building located at 1201 Mt. Kemble Avenue, Morristown, New Jersey.

Investment Highlights

  • Potential Future Upside in Individual Condominium Sellout
  • Easy Access to US-202 and Interstate 287
  • Staggered Lease Expirations – Mitigating Landlord Risk

Exclusively Listed By

Office Medical

Jockey Hollow Medical Building

Listing Price: $3,400,000

Cap Rate
6.25%
Gross SF
18,802
Rentable SF
18,802
Price/Gross SF
$180.83
Occupancy
100.0%
Year Built
1981
Lot Size
2.50 acres

Investment Highlights

  • Potential Future Upside in Individual Condominium Sellout
  • Easy Access to US-202 and Interstate 287
  • Staggered Lease Expirations – Mitigating Landlord Risk

Investment Overview

Marcus & Millichap is pleased to exclusively present Jockey Hollow Medical Building located at 1201 Mt. Kemble Avenue, Morristown, New Jersey.

Exclusively Listed By

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