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23 Christopher WayEatontown, NJ 07724
U.S. Department of Veterans Affairs (VA) | Technology Acquisition Center
Asset ClassSpecial Purpose
Square Feet80,000
Cap Rate: 8.01%Net Operating Income: $1.97 MillionYear Built: 2000Access Data Room
80,000 SF Class-A Office Building with U.S. Government Guaranteed Lease
overview of deal

Overview

U.S. Department of Veterans Affairs -Technology Acquisition Center (TAC)

  • Mission Critical Headquarters for The Department Veterans AffairsTechnology Acquisitions Center (TAC)
  • Over $3 Million in Tenant Improvements demonstrates commitment to location
  • Desirable Location within Eatontown's Primary CorporateCorridor
  • Less than 2 Miles from Monmouth Mall and less than 5 Miles from Fort Monmouth, two Redevelopment Areas that include Netflix and Whole Foods Amongst Incoming Tenants
  • 5 Miles from Route 35 and Minutes from Routes 36, 18, and the Garden State Parkway
  • 13 Years remaining on 15 Year Lease (8.5 Years of Firm Term)
  • Excellent Demographics with over 160,000 people within 5-Miles and Average Household Income over $122,000 within 3-Miles
Access the Data Room

Investment Highlights

Square Feet
80,000
Cap Rate
8.01%
Net Operating Income
$1.97 Million
Year Built
2000
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23 Christopher WayEatontown, NJ 07724
Old Orchard Country Club
Monmouth Park Corporate Center 2
Monmouth Mall

Sales Team

Alan Cafiero| Senior Managing Director Investments201.742.6118alan.cafiero@marcusmillichap.com
Mark GjonbalajFirst Vice President Investments201.742.6136mark.gjonbalaj@marcusmillichap.com
Steve Mariani| Senior Associate201.742.6158steve.mariani@marcusmillichap.com
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Listing provided by Revere CRE