- Photos
- 1 of 15
Portfolio For Sale • 57,500 SF
| Diversified income stream across adult medical daycare, child preschool, child daycare, and 20 residential units reduces single-tenant risk. |
| Two of three commercial leases structured NNN, minimizing landlord operating burden and expense exposure. |
| All commercial tenants are long term and have multiple other business locations. |
| Senior Star's rent is effectively government-guaranteed — revenue 100% backed by Medicaid, MLTSS, and the NJ State Respite Program. |
| No rent control provides for upside potential in increasing the below-market residential rents. |
| Modern vintage construction (2012/2016) minimizes near-term capital expenditure requirements. |
| Cap Rate: | 8.08 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Trenton (Crescent - Amtrak, Keystone Service - Amtrak, Northeast Corridor - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak, Vermonter - Amtrak) | 6 min | - | 2.7 mi |
| Trenton Transit Center (Trenton Line - SEPTA) | 6 min | - | 2.7 mi |
| Airport | Drive | Walk | Distance |
| Trenton Mercer | 10 min | - | 4.5 mi |
Thomas Scatuorchio
The Kislak Company, Inc.
Thomas Scatuorchio
The Kislak Company, Inc.
