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    Branchburg Warehouse with Office Space Title is generated by Realmo AI

    10 Culnen Dr, Branchburg, NJ

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    13,250 SF available warehouse and office space for lease.

    Type:INDUSTRIAL
    Property size:
    13,250 SF
    Lot size:
    7.04 Acres
    Added:
    Jul 25, 2025
    Days on Market:
    312
    Last Refresh:
    May 20 at 8:44 pm

    Property Features for 10 Culnen Dr

    General Information

    Standard status
    Active
    Size
    13,250 SF
    Lot size
    7.04 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 10 Culnen Dr Contact us

    We can help!

    Listing Contact
    Sara Soliman

    Listing agent Sara Soliman

    Listing office The Kislak Company

    Listing date Jul 25, 2025

    Source Moodyscre

    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 The Kislak Company

    HighLights

    • Excellent Location: Directly off Meister Avenue and County Line Road, with easy access to major routes.
    • Substantial Warehouse Space: 10,850 SF with 24' clear ceiling height.
    • Ample Loading Capacity: Features 4 Overhead Doors - (3) 12' x 12' and (1) 14' x 12'.
    • Significant Power Supply: Equipped with 400 AMP/3 Phase electric service.
    • Expandable Office Space: 2,400 SF existing, expandable to 4,500 SF.
    • Attractive Amenities: Enjoy an outdoor lunch area with waterfall in a park‑like setting.

    Overview

    This 13,250 square foot space, including 10,850 square feet of warehouse area and 2,400 square feet of office space, is available for lease within a 19,500 square foot building. The office space is expandable by an additional 2,250 square feet, up to a total of 4,500 square feet. The property is located directly off Meister Avenue and County Line Road in the Branchburg Corporate Park, offering convenient access to Route 22, I-78, and I-287, and is less than an hour from Newark Airport. The warehouse features 24' clear ceiling height and is equipped with four overhead doors: three measuring 12' x 12' and one measuring 14' x 12'. The property provides a parking ratio of 3 spaces per 1,000 square feet. Utilities include city water/sewer and natural gas. The electrical system provides 400 AMP/3 Phase power. The office area is equipped with a split system HVAC, while the warehouse utilizes unit heaters. T-8 lighting is installed throughout. An elegant outdoor lunch area with a waterfall is available in a park-like setting. CAM charges are $1.21 per square foot, including insurance and landscaping. Real estate taxes are $2.17 per square foot.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Branchburg
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.7454
    Latitude
    40.5335

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    FAQs

    What type of property is this?
    Warehouse - 13,250 SF available warehouse and office space for lease.
    Where is this warehouse located?
    The property is located at 10 Culnen Dr Branchburg, NJ.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Excellent Location: Directly off Meister Avenue and County Line Road, with easy access to major routes.; Substantial Warehouse Space: 10,850 SF with **24' clear ceiling height.**; Ample Loading Capacity: Features **4 Overhead Doors** - (3) 12' x 12' and (1) 14' x 12'.
    (732) 750-3000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sara Soliman
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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