Available For Sale - Office

40,000 SF

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AVAILABILITY DETAILS

Size
40,000 SF
Price/SF
N/A - Contact for Info
Listing ID
SA427383
Notes
Investment Opportunity

Colliers International is pleased to offer the real estate of a former charter school, which served students from kindergarten

through eighth grade. The property was a high-performing public school located in Newark, N.J. The property is on a long-term

land lease with the St. John’s Ukranian Catholic Church. The leasehold interest has an option to purchase.

The former school real estate offers the opportunity for a school seeking a new location to expand.

The state’s public-school system consistently ranks among the top of all U.S. states having 2,000 public elementary schools and

517 public secondary schools; there are also 156 private high schools.





Portfolio Highlights

> Asset newly renovated for the school

> Established location creates high barriers to entry for other schools

> The school is located in a high demand location with substantial population growth
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Achikam Yogev, Colliers International