Office Building for
11 TINDALL RD Middletown, NJ 07748
11 TINDALL RD, Middletown, NJ, 07748
Contact for pricing
For Sale
Contact for pricing
For sale office building in Middletown, New Jersey, presented exclusively by Marcus & Millichap.
Property Size44,000 SF
Price / SF$218.91
Days on Market52
Property Features for 11 TINDALL RD
General Information
- Standard status
- Active
- Size
- 44,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agency
Marcus & Millichap - New Jersey
(201) 742-6118
Listed by
Seth Goldberg · License #1974364
Source
Crexi
Added: Jun 2 Updated: Jul 22 at 3:28PM Checked: Jul 22 at 3:28PM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively present 11 Tindall Rd, Middletown, Monmouth County, New Jersey. The offering is for a commercial office property and is being marketed for sale.
The property’s address is 11 Tindall Rd in Middletown, within Monmouth County, New Jersey. No additional improvements, suite details, or leasing information were provided in the public remarks.
The stated property size is 44,000, supporting a multi-tenant or multi-configuration office building format, though specific unit layout details are not included in the available information.
The property’s address is 11 Tindall Rd in Middletown, within Monmouth County, New Jersey. No additional improvements, suite details, or leasing information were provided in the public remarks.
The stated property size is 44,000, supporting a multi-tenant or multi-configuration office building format, though specific unit layout details are not included in the available information.
Key Highlights
- For sale office building in Middletown, Monmouth County, New Jersey
- Office building built in 1990
Local Financial Insights For Office B
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 | $1.32M | $30.00 |
| − Vacancy | −$422.4k | −$9.60 |
| EGI | $897.6k | $20.40 |
| − OpEx | −$224.4k | −$5.10 |
| NOI | $673.2k | $15.30 |
44,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$9.62M
$8.42M – $11.22M
NOI $673,200 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.49M
$10.05M – $13.40M
NOI $804,250 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office building in Middletown, New Jersey, presented exclusively by Marcus & Millichap.
Where is this office building located?
The property is located at 11 TINDALL RD Middletown, NJ.
What is the asking price?
The asking price for this property is $9,632,000.
What are key features of this property?
This property features: For sale office building in Middletown, Monmouth County, New Jersey; Office building built in 1990
