Office and Medical
1 Washington Blvd Robbinsville, NJ 08691
For Sale
Contact for pricing
Office and medical building with lake views, ample reserved parking, and TC zoning near major Route access.
Property Size2,475 SF
Price / SF$275
Days on Market29
Property Features for 1 Washington Blvd
General Information
Standard status
Active
Size
2,475 SF
Property subtype
OFFICE
Listing Agency:
Fennelly Associates
(609) 306-3158
Listed By:
Gerard J. Fennelly
(609) 306-3158
Source:
Moodyscre
Added: Jul 1
Changed: Jul 26
Last Checked: Jul 29 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fennelly Associates
Investment Insights
Based on property information with market context.
This is an office and medical building offering approximately 40,000 square feet, with lake views. The property is set up with ample parking, including reserved parking spaces.
Located on Route 33 in Mercer County, the building is within walking distance to Washington Town Center. Access is also described as convenient to Route 130, I-95, and New Jersey Turnpike exits 7A and 8.
Zoning is listed as TC, supporting a range of office and medical uses in line with local requirements.
Located on Route 33 in Mercer County, the building is within walking distance to Washington Town Center. Access is also described as convenient to Route 130, I-95, and New Jersey Turnpike exits 7A and 8.
Zoning is listed as TC, supporting a range of office and medical uses in line with local requirements.
Key Highlights
- Ideal office/medical building with 40,000 SF
- Lake views
- Ample parking with reserved parking spaces
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.1k | $29.52 |
| − Vacancy | −$15.8k | −$6.38 |
| EGI | $57.3k | $23.14 |
| − OpEx | −$22.9k | −$9.26 |
| NOI | $34.4k | $13.89 |
2,475 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$491.0K
$429.6K – $572.8K
NOI $34,368 @ 7.0% cap · market cap 5.05%
Second Best
Office B
$317.2K
$277.6K – $370.1K
NOI $22,204 @ 7.0% cap · market cap 3.26%
Theoretical Best
Warehouse
$796.3K
$696.8K – $929.0K
NOI $55,741 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office and medical building with lake views, ample reserved parking, and TC zoning near major Route access.
Where is this office building located?
The property is located at 1 Washington Blvd Robbinsville, NJ.
What is the asking price?
The asking price for this property is $680,625.
What are key features of this property?
This property features: Ideal office/medical building with 40,000 SF; Lake views; Ample parking with reserved parking spaces
