Freestanding NNN Office
For Sale
Contact for pricing
12 Sullivan St, Westwood, NJ 07675
Freestanding 11,360 SF office property is fully leased under a NNN structure through Nov. 30, 2028.
Property SizeContact for details
Days on Market120
Property Features for 12 Sullivan St
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
NAI James E. Hanson - Parsippany
(201) 488-5800
Listed By:
John Schilp · License #NJ 7819759
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 10:25PM
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 NAI James E. Hanson - Parsippany
Investment Insights
Based on property information with market context.
Freestanding 11,360 SF office building offered as a fully leased NNN investment. The property includes 2,060 SF of office space, 19’ ceilings, and wet sprinkler coverage. Loading is served by two tailgates, and parking is provided with 14 spaces.
The current tenant has been in occupancy for five years, with the lease extended through Nov. 30, 2028. Recent upgrades include a new roof installed in 2017 (with warranty), office renovations completed to a high standard, and a repaved parking lot in 2015.
This is a turnkey, income-producing asset with a long-term lease in place and a history of rent payment performance as stated in the offering materials.
The current tenant has been in occupancy for five years, with the lease extended through Nov. 30, 2028. Recent upgrades include a new roof installed in 2017 (with warranty), office renovations completed to a high standard, and a repaved parking lot in 2015.
This is a turnkey, income-producing asset with a long-term lease in place and a history of rent payment performance as stated in the offering materials.
Key Highlights
- 11,360 SF freestanding office building is fully leased NNN through Nov. 30, 2028
- Tenant has been in occupancy for 5 years with an excellent rent payment history
- 6% cap rate investment property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 07675, NJ
27,079
Population
10,049
Households
2.7
Avg Household Size
45
Median Age
65%
College-Educated
97%
High-School Grad
9.6 sq mi
ZIP Area
2,821
Density / Sq Mi
$176,981
Median Household Income
$72,808
Median Earnings
$2,347
Median Rent
$680,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding 11,360 SF office property is fully leased under a NNN structure through Nov. 30, 2028.
Where is this nnn property located?
The property is located at 12 Sullivan St Westwood, NJ.
What are key features of this property?
This property features: 11,360 SF freestanding office building is fully leased NNN through Nov. 30, 2028; Tenant has been in occupancy for 5 years with an excellent rent payment history; 6% cap rate investment property
