Listing Agency: Zimmel Associates Show Phone

Listed By: David Zimmel · License #7933396

Source: Moodyscre

Added: May 8, 2025 Changed: Oct 6 Last Checked: Oct 23 at 11:03AM

Report an Issue

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 Zimmel Associates

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This property is a 15,000 square foot flex/industrial building located in Branchburg, New Jersey. It is suitable for flex space and industrial purposes.

Key Highlights

• 15,000 SF flex/industrial building
• Located in Branchburg, New Jersey

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$225,061

Cap Rate

6.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,501,220 $4.5M

Cap Rate 7%

$3,215,157 $3.2M

Cap Rate 9%

$2,500,678 $2.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 15,000 SF

Gross rent

$378.0K $25.20/SF

− Vacancy

−$31.8K −$2.12/SF

EGI

$346.2K $23.08/SF

− OpEx

−$121.2K −$8.08/SF

NOI

$225.1K $15.00/SF

Area

Somerset County, NJ

Vacancy

8.40%

Lease Rate

$25.20 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,501,220

Cap Rate 7%

$3,215,157

Cap Rate 9%

$2,500,678

Alternative Uses

Best Use

Flex RnD

$3.22M

$2.81M – $3.75M (±1% cap)

NOI $225,061 @ 7.0% cap · market cap 6.00%

Second Best

Industrial

$2.41M

$2.10M – $2.81M (±1% cap)

NOI $168,364 @ 7.0% cap · market cap 4.49%

Theoretical Best

Office A

$3.92M

$3.43M – $4.57M (±1% cap)

NOI $274,176 @ 7.0% cap · market cap 7.31%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Chubb Financial Advisor

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Auto Repair Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Freestanding Retail Space Available

1005 US Highway 202 N, Branchburg, NJ

Contact for pricing

16,660 SF

View details

Branchburg Warehouse/Industrial Opportunity

68 County Line Rd, Branchburg, NJ

Contact for pricing

90,000 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - 15,000 SF flex/industrial building in Branchburg, New Jersey.

Where is this flex space located?

The property is located at 35 Columbia Rd Branchburg, NJ.

What is the asking price?

The asking price for this property is $3,750,000.

What are key features of this property?

This property features: 15,000 SF flex/industrial building; Located in Branchburg, New Jersey