3701 Us Highway 9, Howell, NJ 07731
Medical office building for sale, subject to existing tenancy.
- Added:
- Nov 17, 2021
- Days on Market:
- 1668
- Last Refresh:
- Jan 20 at 10:07 am
Property Features for 3701 Us Highway 9
General Information
- Standard status
- Active
- Size
- 1,640 SF
- Lot size
- 0.37 Acres
Listing agent Mark J Krupnick License #7852219 (732) 945-5253
Listing office Keller Williams Realty Central Monmouth (732) 945-5253
Listing date Nov 17, 2021
Source Exprealty
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 Keller Williams Realty Central Monmouth
HighLights
- Approximately 1640 square foot medical office building for sale.
- Medical office building subject to existing tenancy.
- Existing tenancy in place.
- Office building.
Overview
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 | $49.2k | $30.00 |
| − Vacancy | −$15.7k | −$9.60 |
| EGI | $33.5k | $20.40 |
| − OpEx | −$8.4k | −$5.10 |
| NOI | $25.1k | $15.30 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Coastal Elite Veterinary Services — 3701 US-9, Howell Township, NJ 07731
- Priority Vet - Pet Urgent Care of Howell — 4012 US-9, Howell Township, NJ 07731
Location Insight
- Map
- Local Demand
- City
- Howell
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.23
- Latitude
- 40.1567
