9 Mount Pleasant Tpke Denville, NJ 07834
- Commercial real estate
- 9,348 SF
- 0.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9 Mount Pleasant Tpke
- Year built
- 1987
- Lot size
- 0.93 lot acres
- Property size
- 9,348 SF
- Zone code
- B2-A
- Property type
- Commercial real estate
- APN
- 08 21301-0000-00006
- APU
- 821301000000006
Description
This exceptional two-story Class B medical office building, situated at 9 Mt Pleasant Turnpike in Denville, New Jersey (zip code 07834), presents a compelling investment opportunity. The property encompasses 10,000 square feet of net rentable space, distributed across seven units within a single building on a 0.93-acre lot. Currently, the building enjoys 50% occupancy, offering immediate income potential and significant upside for a new owner. The building is zoned B2-A, allowing for a variety of medical uses. Its prime location offers unparalleled visibility and accessibility, situated directly off Route 10E and conveniently across from The Shoppes at Union Hill, home to popular retailers such as Trader Joe's, Panera Bread, and Starbucks. Ample parking is available for tenants and visitors. This multi-tenant property is offered under a Net Net lease structure, making it an attractive option for investors seeking a stable and potentially high-return investment. The building's owner-occupied status further enhances its appeal. This is a rare opportunity to acquire a well-located, established medical office building with significant growth potential in a thriving New Jersey market. The property is located in Morris County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denville
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5095
- Latitude
- 40.8657
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
