1215 Livingston Ave - Office FOR SALE


North Brunswick, NJ 08902- Turnpike West
$1,875,000 USD
609-864-5766
1215 Livingston Ave, North Brunswick, NJ for Sale
$1,875,000 USD
Office - FOR SALE
1/26
null | 7.65% Cap Rate

1215 Livingston Ave
North Brunswick, NJ 08902
Turnpike West


HIGHLIGHTS

  • Fully Occupied with Value-Add Opportunity
  • 50 Parking Spaces
  • Well-Maintained, Elevator-Serviced Building

OVERVIEW

Well-maintained, elevator-served office building offered at a 7.65% cap rate on current income of $143,460 NOI. The property is 100% occupied across 17 suites, providing investors with immediate cash flow and potential value-add opportunity. Located in North Brunswick Township's established General Office corridor, the building benefits from strong regional demand and consistent tenant retention. Current rents are have not been aggressively increased, presenting a potential opportunity for investors to achieve a higher NOI. Prospective buyers are encouraged to independently verify current market rents and conduct their own underwriting. A well-performing, income-producing asset with potential value-add opportunity, in a proven Central New Jersey office market.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

GO

APN/PARCEL ID

14-00090-03-00014,14-00090-03-00015,14-00090-03-00016

ASK ABOUT THIS PROPERTY

James ChiarelloKroll Commercial Realty, LLCMore Info
609-864-5766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

James ChiarelloKroll Commercial Realty, LLCMore Info
609-864-5766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.