Bldg C Unit 103 40 Bey Lea Rd Bureau 2 109 m² 100 % Loué À vendre Toms River, NJ 08753 569 757 € (270,17 €/m²) Taux de capitalisation 8,50 %

Unit 103C consists of 2,162 usable sf of offices. Including common area of another 793 sf the condominium consists of 2,955 sf plus 865 sf of basement area. Ask about the permitted uses allowed in the basement. This is an investment sale of Suite C103 that is under lease with Riverside Medical; Management, LLC. The tenant t/a Optum Medical Care, a Primary Medical Practice. A Second Amendment dated 11.18.24 was signed extending the tenancy to 03.31.28 with one three (3) year option to renew at the then Fair Market Rental Value. This Lease is a triple net format. The tenant pays for the real estate taxes, insurance,electric,water, sewer, gas, trash removal, Condominium common area maintenance, and the suites own janitorial services and supplies. This is a true-net lease. There is no obligated broker fee due to a broker upon renewal. Base rent increases on each annual anniversary at 2%.
Base rent in year 1 is $60,163.80. Estimated Net Operating Income is $55,245, indicating an approximate 8.5% overall capitalization rate.
The suite building and suite are in very good condition with no apparent deferred maintenance issues. The Condominium Association retains the services of a professional property manager.
Suite floor description: First floor of Building C-
1 Waiting Room, 1 Reception Work Room, 2 Lavatories, 1 Consult room, 7 Exam rooms with sinks, 1 Lounge room with a sink, 1 Business office. There is a nurses station in the hallway with a sink. The consulting and exam rooms are all 10' x 9'.
The HVAC is as follows:
two natural gas-fired furnaces (5-Ton and a 3-Ton, 100,000 BTUH and 60,000b BTUH, respectively) with fresh-air intakes. Air conditioners are two remote ground mounted condensing units (3-Ton and 5-Ton).
Electrical system is 480/277V, 3-Phase, 4 wire, 60Hz, 100A MLO, 18 pole, NEMA 1. Lighting are ceiling mounted fluorescent.