Map of Property

Randolph Medical Arts Building Listing Details & Market Data

765 NJ-10, Randolph, NJ 07869

  • For Sale $3,700,000
  • Property Type Other
  • Lot Size 5.9 SF
  • Parking Spaces Avail. 75
  • Building Class A
  • Year Built 2010
  • Date Updated Apr 22, 2024

Colliers, as an Exclusive broker, is pleased to present a 25,671 SF Class A Medical Office NNN investment opportunity. This lease hold interest asset is subject to a long term ground lease with three, ten year options that run until 8/1/2068. ID Care: Infectious Disease Treatment Specialists occupies 26% of the property with 3 years remaining and Lehnes Orthodontist secured 3,937 SF in 07/22 with a Fifteen (15 year) lease with increases. The asset presents a dual Core Plus /Value Add investment. The IRR for a seven-year hold is a healthy 10.99%. The asset offers an active and easily accessible Route 10 address with the robust demographics of Morris County.

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Location

Getting Around

  • Walk Score ®

    Car-Dependent (24)

  • Bike Score ®

    Somewhat Bikeable (14)
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  • City Randolph, NJ
  • Neighborhood Randolph
  • Zip Code 07869
  • Market New Jersey

Points of Interest

  • Dover

    2.55 miles

  • Mount Arlington

    3.39 miles

  • Lake Hopatcong

    4.97 miles

  • Mount Tabor

    5.85 miles

  • Denville

    6.03 miles

  • Morris Plains

    6.28 miles

  • Netcong

    6.63 miles

  • Morristown

    7.46 miles

  • Mount Olive

    8.02 miles

  • Mountain Lakes

    8.47 miles

  • BP

    2.63 miles

  • Delta

    2.77 miles

  • Speedway

    3.05 miles

  • Sunoco

    3.05 miles

  • Costco Gas

    3.54 miles

  • Gulf

    3.86 miles

  • Tesla Supercharger

    3.87 miles

  • Woroco

    4.91 miles

  • Speedway

    4.97 miles

  • Snono Gas

    5.34 miles

  • P9

    0.36 miles

  • P7

    0.47 miles

  • P8

    0.50 miles

  • P6

    0.59 miles

  • P5

    0.70 miles

  • P4

    0.77 miles

  • P1

    0.78 miles

  • P2

    0.82 miles

  • P3

    0.83 miles

  • NJ Transit Mt. Arlington

    3.43 miles

  • Dairy Queen

    0.15 miles

  • Black River Barn

    1.83 miles

  • Dunkin' Donuts

    1.85 miles

  • Domino's

    2.38 miles

  • Arepas Paisas

    2.58 miles

  • Boston Market

    2.86 miles

  • McDonald's

    2.91 miles

  • Taco Bell

    2.92 miles

  • Dover Dairy Maid

    3.07 miles

  • Dover Grill

    3.08 miles

  • County College of Morris

    0.60 miles

  • DeMare hall

    0.62 miles

  • Emeriti Hall

    0.67 miles

  • Henderson Hall

    0.71 miles

  • Canfield Avenue Elementary School

    1.34 miles

  • Center Grove Elementary School

    1.48 miles

  • Fernbrook Elementary School

    1.49 miles

  • Ironia Elementary School

    2.08 miles

  • American Christian School

    2.10 miles

  • Academy Street Elementary School

    2.15 miles

  • Morris Plains Co-Op Play School

    5.62 miles

  • First Impressions Nursery School

    6.64 miles

  • Cradles To Crayons

    7.14 miles

  • Cradles To Crayons

    7.38 miles

  • Cradles to Crayons

    7.39 miles

  • Kiddie Academy

    7.80 miles

  • The Goddard School

    9.48 miles

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