Property Details

  • Strong Historical Occupancy, Over 95% since 2003. Currently 100% occupied.
  • Long-Term Occupancy, 11 of 14 tenants have occupied their space for over 13.0 years. PNC has occupied for over 90 years.
  • Capital Upgrades, LED Lighting in Common Areas, Security Cameras, 3 New HVAC Units, Renovated 4,000 SF of office space.
  • Superior Location, in downtown Englewood, NJ.
Asset Class Office
Property Size 25,000 SF
Investment Status Long Term Hold
Forecast Deal IRR 42.5%
Forecast Deal EM 5.43X
Year Acquired 2001

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