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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
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Executive Summary
3176 ROUTE 27, SOUTH BRUNSWICK
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.
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
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Price
Price Per SF
Cap Rate
Sale Type
Property Type
Property Subtype
Building Size
Building Class
Year Built
Price
Price Per SF
Cap Rate
NOI
Percent Leased
Tenancy
Building Height
Typical Floor Size
Slab To Slab
Building FAR
Land Acres
Investment
Office
9,580 SF
B
1975
Investment
Office
9,580 SF
B
1975
$2,100,000
$219
6.56%
Investment
Office
9,580 SF
B
1975
$2,100,000
$219
6.56%
$137,776
100%
Multiple
2 Stories
4,790 SF
12’
0.15
1.50 AC
Price
Price Per SF
Cap Rate
NOI
Percent Leased
Tenancy
NOI
Percent Leased
Tenancy
Building Height
Typical Floor Size
Slab To Slab
Building FAR
Land Acres
$2,100,000
$219
6.56%
$137,776
100%
Multiple
$137,776
100%
Multiple
2 Stories
4,790 SF
12’
0.15
1.50 AC
Building Height
Typical Floor Size
Slab To Slab
Building FAR
Land Acres
2 Stories
4,790 SF
12’
0.15
1.50 AC
Zoning
Parking
Opportunity Zone
C-1
62 Spaces (6.47 Spaces per 1,000 SF Leased)
No
Amenities
- 24 Hour Access
- Central Heating
- Fully Carpeted
- Air Conditioning
1 of 1
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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