160 Tices Ln - Office FOR SALE


East Brunswick, NJ 08816
$3,200,000 USD
908-510-7089
160 Tices Ln, East Brunswick, NJ for Sale
$3,200,000 USD
Office - FOR SALE
1/42
null | Request Cap Rate

160 Tices Ln
East Brunswick, NJ 08816


HIGHLIGHTS

  • ±8,000 SF existing building on Two Levels
  • ±2.055 acres
  • ±50 on-site parking spaces for Commercial Vehicles
  • Inclusive of Cell Tower & Billboard
  • Planned Industrial (PI) Zoning
  • Minutes from Route 18, Route 1, Ryders Lane and NJ Turnpike Exit 9

OVERVIEW

FOR SALE | 160 Tices Lane, East Brunswick NJ ±8,000 SF Office/Flex Building on ±2.055 Acres | Billboard & Cell Tower Income | Asking $3,200,000 160 Tices Lane presents a unique opportunity to acquire a versatile office/flex property on approximately ±2.055 acres in the heart of Central New Jersey. Located within East Brunswick's Planned Industrial (PI) Zone, the property offers an attractive combination of owner-user potential, existing tenant income, significant on-site parking, and additional long-term income generated by an on-site cell tower and billboard. The existing ±8,000 SF building is situated on two levels and is currently configured primarily as office space. The building can accommodate up to four separate suites, providing flexibility for an owner-occupant to utilize all or a portion of the property while retaining income from other occupants. Two office tenants currently provide additional rental income. A major value-add component of the property is the existing cell tower and billboard, both prominently positioned along the New Jersey Turnpike. These assets provide long-term income independent of the building's tenancy and offer new ownership the flexibility to retain the income streams or potentially monetize the assets separately following closing. Additional rental information is available upon request. The property includes approximately ±50 on-site parking spaces and offers ample room for vans, trucks, fleet vehicles, and other commercial vehicles. Its location backing directly to the New Jersey Turnpike provides a private setting while remaining minutes from Route 18, Route 1 and the New Jersey Turnpike Exit 9. Potential Uses The property's size, zoning, parking, and flexible configuration make it well suited for a variety of potential users, including Contractors, HVAC, Plumbing, Electrical, Pest control, Alarm and Sprinkler companies, Fleet operations, Bus companies, Professional Office Headquarters, IT and Consulting firms, Physical Therapy, Counseling, Insurance, Legal and other Professional Services. The property may also lend itself to Laboratory, Light Manufacturing, Adult Day Care, Special-Needs Day Programs, and other permitted uses, subject to municipal approvals. Property Highlights • ±8,000 SF existing building on two levels • ±2.055 acres • Planned Industrial (PI) zoning • Approximately ±50 on-site parking spaces • Excellent potential for commercial and fleet vehicle parking • Existing Cell Tower and Billboard Included providing additional income • Two existing tenants providing rental income • Potential configuration for up to four separate suites • Large meeting/training area • Ideal for an owner-user, investor, or combination of both • Private setting backing to the New Jersey Turnpike • Minutes from Route 18, Route 1, Ryders Lane and NJ Turnpike Exit 9 • Real Estate Taxes: $37,542 annually • Asking Price: $3,200,000 160 Tices Lane offers a combination rarely available in the East Brunswick market: more than two acres, an existing ±8,000 SF building, substantial parking, multiple potential occupancy configurations, existing tenants, and two additional income-producing assets along the New Jersey Turnpike. Please contact the broker for additional financial information or to schedule a private showing.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

Commercial

APN/PARCEL ID

04-00029-03-00005

ASK ABOUT THIS PROPERTY

Brian WalshDavis CommercialMore Info
908-510-7089

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Brian WalshDavis CommercialMore Info
908-510-7089

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