Listed by Marcus & Millichap - New Jersey
$9,632,000
T&M Associates
Details
APN 1332_638_28
Property Type Office
Square Footage 44,000
Units 184
Cap Rate 7.60%
NOI $731,994
Tenancy Single
Lease Expiration 03/31/2032
Year Built 1990
Stories 3
Acreage 4.430
Zoning B-3
Lease Commencement 04/01/2017
About This Property
Marketing description
Marcus & Millichap is pleased to exclusively present 11 Tindall Rd, Middletown, Monmouth County, New Jersey.
Investment highlights
Mission-Critical Corporate Headquarters
- 44,000 Square Foot Headquarters Facility Fully Occupied by T&M Associates, a Long-Established Regional Engineering and Consulting Firm with over 375 Employees and Operations Across over 40 States.
Attractive Yield with Annual Rent Growth
- Offered at an 7.60% Cap Rate with 2.0% Annual Rent Increases, Creating Predictable NOI Growth and Inflation Protection.
Long-Term NN Lease Structure
- Tenant Responsible for Taxes, Insurance, Utilities, Repairs, and Maintenance, Minimizing Landlord Responsibilities.
High-Quality Corporate Office Asset
- Three-Story Office Building Situated on 4.43 Acres with 184 Parking Spaces and a Strong 4.18/1,000 Square Foot Parking Ratio.
Strategic Monmouth County Location
- Convenient Access to Route 35, Route 36, and the Garden State Parkway Within One of Central New Jersey’s Most Established Suburban Office Corridors.
Defensive Service-Oriented Tenant
- Tenant Operates Within Engineering, Infrastructure, and Environmental Sectors Driven by Recurring Municipal and Private-Sector Demand.
Surrounded by National Retailers
- Located Near Major National Tenants Including Wawa, McDonald's, Dunkin', Kohl’s, Panera Bread, and Stop & Shop, Reinforcing the Area’s Strong Retail Presence and Daily Consumer Traffic.
Established Residential & Commercial Corridor
- Positioned Near Middletown Township Municipal Offices, Established Residential Communities, and New Multifamily Development Supporting Long-Term Area Growth and Business Demand.
Affluent Monmouth County Demographics
- Located Within One of Central New Jersey’s Most Established Suburban Markets With Strong Household Incomes, Dense Population, and Direct Access to the New York Metropolitan Area.
Listing Contacts
Listed by Marcus & Millichap - New Jersey
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$731,994.00
$60,999.50/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
Map
Zoning
R-22 ResidentialSingle FamilyMedium Density Single Family Residence Zone
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View all 283 uses
View all 283 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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