190 State Route 18 - Office FOR SALE


East Brunswick, NJ 08816- Turnpike East
$3,900,000 USD
732-545-1850
190 State Route 18, East Brunswick, NJ for Sale
$3,900,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

190 State Route 18
East Brunswick, NJ 08816
Turnpike East


OVERVIEW

• Exceptional Value-Add Opportunity: Priced significantly below replacement cost at $161.12/SF, offering substantial upside potential for an investor to increase Net Operating Income (NOI) and property value. • Upside Through Rent Optimization: Opportunity to capture market rents upon lease renewals and for the remaining vacant space, significantly boosting the property's income stream. • Strategically Located on Route 18: Ensures excellent visibility and accessibility, supporting future tenant demand and rent growth.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnpike Metroplex

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

HC-1

APN/PARCEL ID

04-00017-01-00016-01

ASK ABOUT THIS PROPERTY

Lance ShalitLance Bram Commercial BrokerMore Info
732-545-1850

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Lance ShalitLance Bram Commercial BrokerMore Info
732-545-1850

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