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.