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Office Building with Flex Conversion

2000 Cornwall Road, Monmouth Junction, NJ 08852

For Sale
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Approved plans call for flexible suites, staging areas and added loading access.

Property Size94,847 SF
Days on Market25

Property Features for 2000 Cornwall Road

General Information

Standard status Active
Size 94,847 SF
Property subtype Office

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Building Size 94,847 SF
Buildings 1
Tenancy Multi
Listed By: Barry Waisbrod
Source: Kislakrealty
Added: Oct 14 Changed: Nov 6 Last Checked: Nov 6 at 3:10PM

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 Barry Waisbrod

Rey
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Investment Insights

Based on property information with market context.

The 94,847± SF office building has approval for conversion to a flex layout. The proposed reconfiguration creates 12 new tenant spaces, while retaining the existing adult day care tenant, for 13 spaces overall. Planned suite sizes range from 4,367 SF to 6,854 SF. Improvements include eight additional overhead doors, bringing the total to 10, along with two loading dock doors and staging areas of different sizes.

Three tenants currently occupy the property. The adult day care lease runs through 2036; the other two occupants are month-to-month and will leave upon notice. The approved plan provides a defined path to a multi-suite flex configuration while accommodating the continuing tenant.

Key Highlights

  • 94,847± SF office building approved for flex redevelopment
  • Plan provides 13 tenant spaces, including the existing adult day care tenant
  • Proposed new suites range from 4,367 SF to 6,854 SF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store Spa & Massage Center

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 08852, NJ

18,956
Population
6,721
Households
2.8
Avg Household Size
39
Median Age
65%
College-Educated
94%
High-School Grad
13.3 sq mi
ZIP Area
1,425
Density / Sq Mi
$121,771
Median Household Income
$72,679
Median Earnings
$1,897
Median Rent
$489,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Middlesex County, NJ

$340 Jul
$377 Aug
$336 Sep
$340 Oct

Properties on Market for Office buildings in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Approved plans call for flexible suites, staging areas and added loading access.
Where is this office building located?
The property is located at 2000 Cornwall Road Monmouth Junction, NJ.
What are key features of this property?
This property features: 94,847± SF office building approved for flex redevelopment; Plan provides 13 tenant spaces, including the existing adult day care tenant; Proposed new suites range from 4,367 SF to 6,854 SF
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