9 Mt Pleasant Tpke, Denville, NJ
10,000 SF office building in the heart of Denville, NJ.
- Added:
- Nov 6, 2023
- Days on Market:
- 950
- Last Refresh:
- May 20 at 8:18 pm
Property Features for 9 Mt Pleasant Tpke
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.93 Acres
- Property subtype
- OFFICE
Listing agent Katherine Shannon
Listing office Amerisource Realty Network LLC (973) 335-5533
Listing date Nov 6, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Amerisource Realty Network LLC
HighLights
- 10,000 sf office building
- Located in the heart of Denville, NJ
- Located right off Route 10E
- Across the street from the Shoppes at Union Hill
- Shoppes at Union Hill includes Starbucks
- Shoppes at Union Hill includes Trader Joe's
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $300.0k | $30.00 |
| − Vacancy | −$96.0k | −$9.60 |
| EGI | $204.0k | $20.40 |
| − OpEx | −$51.0k | −$5.10 |
| NOI | $153.0k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denville
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5094
- Latitude
- 40.8657
