Renovated Medical Office
For Sale
Contact for pricing
2d-2186 State Route 27, North Brunswick, NJ 08902
Clinical layout includes exam rooms, an X-ray room, laboratory, offices, and support areas with abundant natural light.
Property Size15,800 SF
Price / SF$0.00
Days on Market56
Property Features for 2d-2186 State Route 27
General Information
Standard status
Active
Size
15,800 SF
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$69,265
Building Details
Year Renovated
2015
Listing Agency:
ERA CENTRAL LEVINSON
(609) 655-5535
Listed By:
ARTHUR LAURI
Source:
Exprealty
Added: Aug 22
Changed: Oct 13
Last Checked: Oct 15 at 12:57AM
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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Investment Insights
Based on property information with market context.
This 15,800-square-foot medical office suite was renovated in 2015 for pain management use and is configured for general medical operations. The layout includes a waiting area, reception, kitchen, four exam rooms, one X-ray room, one laboratory, two private offices, and two bathrooms. A pre-wired network and phone system supports office functionality, while numerous windows provide natural light throughout the space.
The property is located at 2d-2186 State Route 27 in North Brunswick, New Jersey. The landlord is willing to collaborate on work needed to personalize the suite, allowing the existing medical configuration to be adapted to a user’s requirements.
The property is located at 2d-2186 State Route 27 in North Brunswick, New Jersey. The landlord is willing to collaborate on work needed to personalize the suite, allowing the existing medical configuration to be adapted to a user’s requirements.
Key Highlights
- 15,800‑square‑foot medical office suite in North Brunswick, NJ
- Renovated in 2015 for pain management use
- Four exam rooms, one X‑ray room, and one laboratory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$235,256
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,705,120
$4.7M
Cap Rate 7%
$3,360,800
$3.4M
Cap Rate 9%
$2,613,956
$2.6M
Market Conditions
NOI Build-Up for 15,800 SF
Gross rent
$417.1K $26.40/SF
− Vacancy
−$25.0K −$1.58/SF
EGI
$392.1K $24.82/SF
− OpEx
−$156.8K −$9.93/SF
NOI
$235.3K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,705,120
Cap Rate 7%
$3,360,800
Cap Rate 9%
$2,613,956
Alternative Uses
Best Use
Office B
$3.45M
$3.02M – $4.03M
NOI $241,740 @ 7.0% cap · market cap 1,343,000.00%
Second Best
Healthcare Medical
$3.36M
$2.94M – $3.92M
NOI $235,256 @ 7.0% cap · market cap 1,306,977.78%
Theoretical Best
Office A
$4.13M
$3.61M – $4.81M
NOI $288,799 @ 7.0% cap · market cap 1,604,438.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical layout includes exam rooms, an X-ray room, laboratory, offices, and support areas with abundant natural light.
Where is this medical office space located?
The property is located at 2d-2186 State Route 27 North Brunswick, NJ.
What are key features of this property?
This property features: 15,800‑square‑foot medical office suite in North Brunswick, NJ; Renovated in 2015 for pain management use; Four exam rooms, one X‑ray room, and one laboratory
