Listed by Marcus & Millichap - New Jersey
$5,201,000
Peach Plaza
Details
Property Type Office, Retail
Sub Type Medical Office, Restaurant
Square Footage 19,420
Net Rentable (SqFt) 19,420
Units 6
Cap Rate 6.52%
NOI $339,313
Occupancy 100%
Tenancy Multi
Year Built 1987
Stories 1
Acreage 2.260
Parking Spaces 103 spaces
Parking Per SqFt 5.30
Ground Lease No
About This Property
Marketing description
Marcus & Millichap is pleased to exclusively present 1500 St Georges Ave, Avenel, Middlesex County, New Jersey.
Investment highlights
- 100% Occupied, +/- 19,420 SF Medical/Retail Property in Avenel, Middlesex County, New Jersey
- Diverse Medical Tenant Mix Including: NJ Imaging Network, Pediatrics, Ophthalmology and Therapy
- Highly Specialized Medical Build-Out With Exam Rooms and Lab Areas Throughout – Minimizing Future Tenant Improvement Costs for Medical Uses
- Proximity to Major Hospitals Including RWJ University Hospital Rahway, Raritan Bay Medical Center and JFK Medical in Edison
- Ample On-Site Parking – 5.3 Spots Per 1,000 SF
- Dense Infill Demographics: Over 357,000 People Within 5 Miles
- Prime St. Georges Avenue Location – One of Middlesex County's Key North-South Corridors – Over 28,000 Vehicles Per Day
- Easy Access to Major Highways and NJ Transit – Minutes From Garden State Parkway, NJ Turnpike, Route 1, Route 9, Route 27, Woodbridge, MetroPark & Rahway Train Stations
Listing Contacts
Listed by Marcus & Millichap - New Jersey
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$339,313.00
$28,276.08/mo
Valuation Metrics
0
DSCR
6.52%
Cap Rate
6.52%
ROI
Map
Zoning
B-3 CommercialSpecial CommercialHighway Business
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View all 206 uses
View all 206 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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