Franklin Avenue Office Building
Nutley, New Jersey
Building
Stats
- Property Type Office - Office Building
- Building size (SF) 20,000
- Size (Ac) 1.08
- Price $1
Overview
– Rare opportunity to acquire downtown CBD, mixed-use building
– VNB will enter into 10-year leaseback with extensions options – Development potential of parking lot on Chestnut Street – Property is vacant except for VNB, providing ownership immediate opportunity to begin renovations/use conversion of upper floors – 4 parking spaces per 1,000 SF
