Cedar Grv Ln Franklin, NJ 08873
This 4,000 square foot freestanding commercial building in Franklin, NJ, presents a fantastic opportunity for a variety of businesses. Previously utilized as a daycare center, the property is readily adaptable to various office uses, though a variance from the Township may be required by the tenant. The building boasts a full basement accessible via an exterior door, providing ample storage or potential for expansion. A pre-installed security camera system is available for tenant conversion. Modern features include recessed lighting throughout, an interior sprinkler system, and a recently upgraded electrical service. Its convenient location offers easy access to Route 287, nearby shopping centers, and numerous hotels, ensuring high visibility and accessibility. The landlord is responsible for snow removal and lawn maintenance, while the tenant will be responsible for repairs, annual sprinkler system inspections, a portion of property taxes, trash removal, and all utilities. This property offers a compelling combination of functionality, modern amenities, and a prime location, making it an attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.