Neptune office/flex building purchased for $3.2 million
Sheldon Gross Realty brokers deal on 17K-square-foot, fully-leased building
NEPTUNE, NJ (April 21, 2022) – A 17,000-square-foot, office/flex building located at 3443 Route 66 in Neptune has been sold for $3.2 million. The investment purchase was co-brokered by Sheldon Gross Realty Executive Vice President Barbara Gross and KW Commercial Sales Representative Glenn Jaffe.
Located at a signalized intersection at the junction of Green Grove Road, the three-acre site allows for expansion and additional parking. The building is 90% leased by Marcum, one of the top accounting firms in the nation, as well by Kiddie Academy, a leading educational child-care program.
“This property is tremendously desirable; as soon as we listed it, we received a large number of inquiries,” says Gross. “The buyer realized immediately that it represented a terrific opportunity.”
The building is an equal distance from New York City and Philadelphia, and is just a short drive from the Garden State Parkway and the many amenities along Route 66.
About Sheldon Gross Realty
Based in New Jersey, Sheldon Gross Realty, Inc. offers clients a broad array of specialized services, including office, industrial and retail brokerage; tenant representation; property and asset management; office relocation; and consulting. Founded in 1962, the firm is known for its long-term client relationships, high percentage of repeat business, and a stellar, 95 percent success rate in leasing/selling the property assignment it undertakes. Featuring an exceptional team of professionals renowned for outstanding customer service and committed to unparalleled market research, Sheldon Gross Realty addresses its clients’ corporate real estate needs on a local, regional, and national scale.
Additional information is available online, at www.sheldongrossrealty.com.
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