Office Suite with On-Site
For Sale
Contact for pricing
203-3379 Us Highway 206, Bordentown, NJ 08505
Suite 203 is a professionally finished office space with carpet, drop ceilings, LED lighting, and on-site parking.
Property Size429 SF
Price / SF$2.80
Days on Market169
Property Features for 203-3379 Us Highway 206
General Information
Standard status
Active
Size
429 SF
Lease Type
Gross
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1.00
Listing Agency:
ERA CENTRAL LEVINSON
(609) 655-5535
Listed By:
SCOTT V. LAURI
(732) 763-4965
Source:
Exprealty
Added: May 7
Changed: Oct 2
Last Checked: Oct 21 at 12:30AM
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 ERA CENTRAL LEVINSON
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 203 at 3379 US Highway 206 offers professional office space for lease. The suite is finished with carpet flooring, drop ceilings, and LED lighting.
The building provides convenient access to Routes 206 and 130, as well as I-195 and I-295, with proximity to NJ Turnpike Exit 7. On-site parking is available for occupants and visitors.
Gross lease terms include utilities and janitorial services, designed to simplify monthly occupancy costs. This suite is positioned within a range of office suite sizes available at the property.
The building provides convenient access to Routes 206 and 130, as well as I-195 and I-295, with proximity to NJ Turnpike Exit 7. On-site parking is available for occupants and visitors.
Gross lease terms include utilities and janitorial services, designed to simplify monthly occupancy costs. This suite is positioned within a range of office suite sizes available at the property.
Key Highlights
- Suite 203: 429 SF professionally finished office with carpet, drop ceilings, and LED lighting
- Professional office suites available from 62 SF to 2,380 SF
- Gross lease terms include utilities and janitorial services for simplified occupancy costs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,849
Suggested Prices Based on Cap Rates
Cap Rate 5%
$76,980
$77.0K
Cap Rate 7%
$54,986
$55.0K
Cap Rate 9%
$42,767
$42.8K
Market Conditions
NOI Build-Up for 429 SF
Gross rent
$5.8K $13.44/SF
− Vacancy
−$634 −$1.48/SF
EGI
$5.1K $11.96/SF
− OpEx
−$1.3K −$2.99/SF
NOI
$3.8K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$76,980
Cap Rate 7%
$54,986
Cap Rate 9%
$42,767
Alternative Uses
Best Use
Office B
$55.0K
$48.1K – $64.2K
NOI $3,849 @ 7.0% cap · market cap 320.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$897.2K
$785.1K – $1.05M
NOI $62,807 @ 7.0% cap · market cap 5,233.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 08505, NJ
18,178
Population
7,792
Households
2.3
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
808
Density / Sq Mi
$111,946
Median Household Income
$65,422
Median Earnings
$1,586
Median Rent
$353,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Suite 203 is a professionally finished office space with carpet, drop ceilings, LED lighting, and on-site parking.
Where is this office unit located?
The property is located at 203-3379 Us Highway 206 Bordentown, NJ.
What are key features of this property?
This property features: Suite 203: 429 SF professionally finished office with carpet, drop ceilings, and LED lighting; Professional office suites available from 62 SF to 2,380 SF; Gross lease terms include utilities and janitorial services for simplified occupancy costs
