Meridian Capital Group
Meridian Investment Sales

500 North Franklin Turnpike, Ramsey, NJ 07446

500 North Franklin Turnpike, Ramsey, NJ 07446


Ramsey

95% Occupied Office Building for Sale

Type Office
Neighborhood Ramsey
Properties One Property
Lot Size 8 Acres
Size 136,481 Square Feet

Investment Highlights:

  • STRATEGIC ASSET: Sitting on approximately 8 acres and over 600 striped parking spots, 500 North Franklin is a pristine 136,481 RSF office building in Ramsey, NJ with a WALT of five years and occupancy at 95% by an array of strong tenants.
  • STRONG OCCUPANCY RATES: Currently boasting an impressive occupancy rate of roughly 95%, this property is well-positioned for continued success. The desirable location, strong underlying fundamentals, and anticipated future growth suggest that occupancy rates will remain robust.
  • EXCELLENT TENANCY: The property features a robust lineup of tenants, including multiple reputable medical tenants and well-established businesses, providing investors with a secure and stable cash flow.
  • PRIME LOCATION: Strategically positioned at the intersection of Hilltop Road and North Franklin Turnpike, 500 North Franklin benefits from high visibility and significant traffic. It is conveniently located near major national retailers such as Starbucks and Home Depot as well as several luxury car dealerships.
Download setup