PARSIPPANY, N.J, MAY 22, 2009 -NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, is pleased to announce that it has been appointed the exclusive leasing/sales agent for a 1,700-square-foot converted multifamily building located at 32 Budd Avenue in Chester, New Jersey. The property contains 1,100 square-feet of available office space on the first floor. NAI Hanson's Sig Schorr, Vice President, will be responsible for marketing this facility on behalf of the building's owner, Asdac Holding, Inc.
"Chester is home to a thriving town center that boasts more than 100 shops, many of which are small, privately owned businesses that benefit from annually sponsored events by the Historic Chester Business Association, which draws large groups of patrons and tourists to the area," stated Mr. Schorr. "32 Budd Avenue is well-situated within close proximity to this bustling business district, making it an ideal location for a small business owner that is seeking highly visible space at an affordable price point. We believe this property will be attractive to a number of potential tenants and/or buyers, including a pediatrician's office, chiropractor or any number of privately-operated, service-oriented professional businesses."
The property, which is available for long-term lease with the option to buy, is situated in the heart of Chester's Business District at the cross roads of Routes 24 and 206 in Southwest Morris County. Built in [XX], the two-floor facility features 1,100 square feet of office space, which includes four distinct offices on the first floor, a waiting room/reception area and the option to re-configure the layout in order to suit the user's needs. In addition, the building contains an unfinished basement, which can be utilized for additional useable square footage, as well as a rental apartment on the second floor, which has a separate, private entrance and is fully leased. The property also features nine on-site parking spaces, central air conditioning, eight-foot ceiling heights and 200 amps of power.
"This unique space offers potential users versatility, accessibility and affordability," continued Schorr. "We are excited to have the opportunity to market such an outstanding space on behalf of our client and we remain confident in our ability to find the right tenant or buyer to occupy this space."
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company's Hackensack office at 201-488-5800 or visit http://www.naihanson.com/.
