610-251-5141
190 N Evergreen Ave, Woodbury, NJ for Sale
Office - FOR SALE
1/34
null | Request Cap Rate

190 N Evergreen Ave
Woodbury, NJ 08096


HIGHLIGHTS

  • Lakeside Professional Campus offers 40,039 SF on 3.26 acres with ±38% occupancy, combining in-place cash flow and strong value-add upside.
  • Embedded value-add opportunity to transform approximately 15,840 SF of unused area into income-generating rentable space.
  • Evergreen Avenue frontage delivers visibility to 12,500+ vehicles daily, with easy access to I-295, Route 45, and the NJ Turnpike.
  • Approximately 24,702 SF is currently vacant and move-in ready, creating the opportunity to increase occupancy and grow rental revenue.
  • Diverse and performing tenant mix across healthcare, agriculture, education, and service sectors provide an internet-resistant operating base.
  • Favorable market conditions include 4.8% office vacancy, 2.7% annual rent growth, and access to a skilled workforce.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Office with In-Place Rental Income

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.26 AC

LAND SF

142,006 SF

ZONING

R-90

APN/PARCEL ID

22-00162-01-00001

ASK ABOUT THIS PROPERTY

610-251-5141

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

610-251-5141

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