Franklin
Lakes Medical Building
784 Franklin Avenue
Franklin Lakes, NJ
In May 2009, Tripoint Properties acquired a 19,483 square
foot, multi-tenanted, single-story office building situated
on 1.9 acres of ground in Franklin Lakes, NJ. The property
is prominently located on Franklin Avenue in the downtown
commercial district of Franklin Lakes and within convenient
proximity of Routes 287 and 208; two major corridors through
Northern New Jersey. Tenants in the building include Weichert
Realty, TNT Max and Bergen Behavioral Wellness. The property
has over 60 marked parking spaces and two bank drive-thru
lanes. Plans are underway to significantly redevelop and
reposition the building from general office into class “A” medical
space. Tripoint expects to begin redevelopment work at
the property in the Spring of 2010.
| PROPERTY TYPE: |
Commercial |
| PROPERTY SF: |
19,483 SF |
| SIZE: |
1.9 Acres |
| ACQUIRED: |
May 2009 |
| REDEVELOPMENT: |
Project to begin in the Spring of 2010 |
| STATUS: |
Partially occupied. Repositioning and new leasing
is currently underway. |
|