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Oak Tree Rd Edison, NJ 08820

For Sale
$3,800,000

9500 sqft Medical Building, High ROI

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional 9,500 square foot medical building presents a unique investment opportunity in Edison, NJ. Situated on a nearly one-acre lot at the desirable Oak Tree Road address, the property boasts an elevator and ample parking. The building is comprised of four suites, three of which are currently leased, generating approximately $14,000 per month in net-net-net (NNN) rent. A significant advantage is the availability of a substantial vacant suite, approximately 1,750 square feet, ready for immediate occupancy. This vacant space offers a prime opportunity for a physician to establish their practice and become their own landlord. The current rental income, with the vacant suite occupied, is projected to increase to approximately $17,500 per month NNN. Showings of the occupied suites will be arranged only after an accepted offer with proof of funds is received, to ensure minimal disruption to existing tenants. This property offers a blend of immediate income and significant future growth potential, making it an attractive investment in a thriving medical market. The asking price for this exceptional property is $3,800,000. The property's location and features make it an ideal investment for those seeking a strong return on investment in the New Jersey medical real estate market.

Property Features for Oak Tree Rd

General Information

Property type
Other commercial real estate
Lot Size
37,462 SF

Building Details

Year Built
2000

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Edison
County
Middlesex
State
New Jersey
Longitude
-74.3614
Latitude
40.5771

FAQs

What type of property is this?
Commercial real estate - 9500 sqft Medical Building, High ROI
Where is this commercial real estate located?
The property is located at Oak Tree Rd Edison, NJ.
What is the asking price?
The asking price for this property is $3,800,000.
More about this property
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