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20044519
20044521

3228 State Route 27, South Brunswick, NJ 08824

BETTER HOMES&GARDENS RE MATURO
Listed by BETTER HOMES&GARDENS RE MATURO
$2,500,000
647 days on market
Updated 235 days ago

3228 State Route 27

Details
Property Type Special Purpose
Sub Type Other
Square Footage 9,600
Units 5
NOI $88,283
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $260
Broker Co-Op Yes
Year Built 2000
Stories 2
Lot Size (SqFt) 1.22
Parking Spaces 33 spaces
Parking Per SqFt 3.44
Occupancy Date 10/31/2025
Ownership LLC
Sale Condition Sale for leaseback

Special Purpose | 0.00% CAP | 9,600 SqFt

Marketing description

Beautiful 9600 sq ft office building, 24 years new, updated HVAC, featuring 5 separate suites, individual utilities, elevator, bathrooms on each floor. plenty of parking and highway location. Current owner/tenant to remain in place & other tenants are all on Leases. Lease terms vary, current "monthly income" approx $18500. Building is 100% occupied, all tenants prefer to remain. The two largest units now have "kitchen areas", separate bathrooms on both levels, owners have been paying for building maintenance.
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Listing Contacts

BETTER HOMES&GARDENS RE MATURO
Listed by BETTER HOMES&GARDENS RE MATURO

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$88,283.00
$7,356.92/mo

Valuation Metrics

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DSCR
3.53%
Cap Rate
3.53%
ROI

Map

Zoning

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C-1 CommercialSpecial CommercialNeighborhood Commercial Professional Office And Local Services
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Property History

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