100% Occupied Lab/Goverment Bldg. — Sale in East Hanover, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: East Hanover, NJ 07936
  • Year built: 1995

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Msrcus & Millichap is pleased to exclusively present 44 Deforest Avenue, East Hanover, Morris County, New Jersey. Investment Highlights: • 100% Occupied Government & Credit Tenant Asset • Long-Term Lease Profile with Built-In Rent Growth • High-Quality Asset – 40,022 SF on 1.02 Acres

Market Context

This office in East Hanover, NJ is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1995. It has been on the market for 100 days. Compare it against other office listings for sale in East Hanover, NJ — view the full market.

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