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500 Prospect Ave
West Orange, NJ 07052

$1,299,999 USD

Office For Sale • 7,046 SF

Property Details

Property Type Office
Total Building Size 7,046 SF
Lot Size 0.12 AC
Building Class B
Year Built 1984
Tenancy Single
Zoning B-2

0 Transit Score

54 Walk Score

                
                    Highlights
                
                                Value-add opportunity to acquire a partially occupied office and lease-up at market rates or occupy as an owner/user.
                            
                                West Orange location off Interstate 280 with speedy access to Garden State Parkway and the South Orange train station.
                            
                                Significant upside potential with existing partial occupancy by two tenants, leaving ample space for new income opportunities.
                            
                                Situated near many retailers and restaurants, including ShopRite, TGI Fridays, AMC Dine-In, LA Fitness, Panera Bread, and Starbucks. 
                            
                                West Orange is an affluent community with high average household incomes within 2 miles exceeding $117,000 annually. 
                            
                                Please contact broker to schedule a tour!

Property Flyers

500 Prospect Ave Offer Memorandum (2)

Public Transportation

Commuter Rail	Drive	Walk	Distance
Orange (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	5 min	-	2.0 mi
Highland Avenue (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	6 min	-	3.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	19 min	-	12.1 mi
LaGuardia	48 min	-	32.2 mi
John F Kennedy International	57 min	-	35.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Raul Cabrera 973-291-1393 CAPC Brokerage

500 Prospect Ave West Orange, NJ 07052