Office Condos NNN
For Sale
$2,650,000
10 Allen Street Unit 113, Toms River, NJ 08753
For sale: five office condo units offered as approximately 41% of a building, leased on NNN terms.
Property SizeContact for details
Days on Market243
Property Features for 10 Allen Street Unit 113
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Cap Rate
6.5%
Office Units
5
Building Details
Year Built
1986
Listing Agency:
Crossroads Realty,Inc.
Listed By:
Yanay Scheff
(833) 740-1234
Source:
Actionplusrealty
Added: Jan 13
Changed: Sep 12
Last Checked: Sep 12 at 9:50AM
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 Crossroads Realty,Inc.
Investment Insights
Based on property information with market context.
For sale is an office investment package consisting of five office condo units representing approximately 41% ownership of the building. The offering is structured as NNN leases and is presented as an institutional-quality office investment, with the public remarks citing a 6.5% cap rate and immediate cash flow.
The tenants are described as high-credit national and regional operators in home health services, mental health counseling, and insurance. The seller’s remarks indicate the arrangement is intended to provide predictable, low-management income with minimal landlord responsibilities.
The property is being marketed as a 1031 exchange opportunity and, per the remarks, includes a value-add component aimed at rent growth and appreciation.
The tenants are described as high-credit national and regional operators in home health services, mental health counseling, and insurance. The seller’s remarks indicate the arrangement is intended to provide predictable, low-management income with minimal landlord responsibilities.
The property is being marketed as a 1031 exchange opportunity and, per the remarks, includes a value-add component aimed at rent growth and appreciation.
Key Highlights
- Built in 1986 office property offered as five office condo units representing approximately 41% ownership
- NNN leases with home health services, mental health counseling, and insurance tenants
- Leases described as held by high‑credit national and regional tenants
Property Analytics
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Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 08753, NJ
64,369
Population
27,900
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
2,799
Density / Sq Mi
$101,648
Median Household Income
$54,291
Median Earnings
$1,742
Median Rent
$377,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
1031 exchange property - For sale: five office condo units offered as approximately 41% of a building, leased on NNN terms.
Where is this 1031 exchange property located?
The property is located at 10 Allen Street Unit 113 Toms River, NJ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Built in 1986 office property offered as five office condo units representing approximately 41% ownership; NNN leases with home health services, mental health counseling, and insurance tenants; Leases described as held by high‑credit national and regional tenants
