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INVESTMENT HIGHLIGHTS
UNIQUE RETAIL & MEDICAL ZONING The Property is uniquely zoned for retail and medical office, offering extreme flexibility as well as versatile design for multi-tenant use.
SUBSTANTIAL RENOVATION The Property was totally renovated and upgraded to a state-of-the-art medical facility.
FLEXIBLE SALE OPTIONS The property is offered for outright sale to an investor or owner-user. At the close of escrow, the current tenant is prepared to sign a new, short-term lease. The sale could include addition of the New Jersey surgical OR license (est. value +/- 1 million).
SUPERIOR DEMOGRAPHICS The Property benefits from outstanding demographics, with an average household income above $198,000 (1-mile radius) and a 5-mile population over 595,000.
EXCELLENT LOCATION The Property is located within a block of the bustling downtown of Montclair which is home to many of the nation’s top retailers as well as many boutique shops and restaurants.
