3176 Route 27, South Brunswick 3176 Rt-27
9,580 SF 100% Leased Office Building Kendall Park, NJ $2,100,000 ($219/SF) 6.56% Cap Rate
Executive Summary
BRAND NEW TO THE MARKET.
100% LEASED NNN MEDICAL / PROFESSIONAL OFFICE INVESTMENT.
+/- 9,580 SF TWO-STORY MEDICAL / PROFESSIONAL OFFICE BUILDING FOR SALE.
TOTAL LOT SIZE IS 1.50 AC WITH UPSIDE TO ADD AN ADDITIONAL +/- 6,600 SF OFFICE EXTENSION OR A 6,840 SF FLEX BUILDING ON THE PROPERTY.
ASKING PRICE: $2,100,000.00
ACTUAL NOI: $137,775.60
ALL LEASES ARE NNN.
CAP RATE: 6.56%
BUILDING IS 100% LEASED.
FULLY RENOVATED IN 2015.
The property is located directly on heavily traveled Route 27 and has a diversified and specialized Tenant roster which includes Brunswick Valley Orthodontics, Advanced Dental Arts of South Brunswick, NJ Foot Surgeon/Foot & Ankle Specialists, Integrated Psychology of NJ, Menx and Luxenberg Attorneys at Law, Mastro Associates CPA, Chadwick City Planner, and Nail 27.
Property Facts
Amenities
- 24 Hour Access
- Central Heating
- Fully Carpeted
- Air Conditioning
PROPERTY TAXES
Parcel Number | 21-00093-09-00042-01 | Improvements Assessment | $226,000 |
Land Assessment | $225,000 | Total Assessment | $451,000 |
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