Corner Medical Office
400 Perrine Rd Old Bridge, NJ 08857
For Sale
Contact for pricing
Corner suite in Old Bridge Professional Plaza with four offices, common area, private rest room, and elevator access.
Property Size1,136 SF
Price / SF$308.10
Days on Market359
Property Features for 400 Perrine Rd
General Information
Standard status
Active
Size
1,136 SF
Property subtype
OFFICE
Listing Agency:
R.J. Brunelli & Co
(732) 690-2800
Listed By:
John Lenaz
(732) 690-2800
Source:
Moodyscre
Added: Aug 5, 2025
Changed: Jul 28
Last Checked: Jul 28 at 4:30AM
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 R.J. Brunelli & Co
Investment Insights
Based on property information with market context.
This corner medical office suite is located within the Old Bridge Professional Plaza and benefits from abundant natural light. The space offers a flexible layout with four offices, a generous common area, a private rest room, and an equipment/storage closet. Elevator access is available for convenient building entry.
The suite is positioned on Perrine Road with connections to Route 9 and Route 34, and it is approximately 8 minutes from the Garden State Parkway. The property is currently home to a range of established healthcare and professional tenants, including RJ Brunelli, Apollonia Family Dental, NJ Vision & Dry Eye Center, an Ambulatory Surgery Center, Nowline Management/Elliot Loeb, and Comprehensive Dental Associates.
With its private amenities, dedicated office configuration, and elevator-served access, the suite is well suited for professional organizations looking for a turnkey office environment within a multi-tenant medical setting.
The suite is positioned on Perrine Road with connections to Route 9 and Route 34, and it is approximately 8 minutes from the Garden State Parkway. The property is currently home to a range of established healthcare and professional tenants, including RJ Brunelli, Apollonia Family Dental, NJ Vision & Dry Eye Center, an Ambulatory Surgery Center, Nowline Management/Elliot Loeb, and Comprehensive Dental Associates.
With its private amenities, dedicated office configuration, and elevator-served access, the suite is well suited for professional organizations looking for a turnkey office environment within a multi-tenant medical setting.
Key Highlights
- 1,500 SF corner suite in the Old Bridge Professional Plaza with abundant natural light
- Four offices plus generous common area for flexible professional use
- Private rest room and equipment/storage closet included
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 | $34.1k | $30.00 |
| − Vacancy | −$10.9k | −$9.60 |
| EGI | $23.2k | $20.40 |
| − OpEx | −$5.8k | −$5.10 |
| NOI | $17.4k | $15.30 |
1,136 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$248.3K
$217.3K – $289.7K
NOI $17,381 @ 7.0% cap · market cap 4.97%
Second Best
Healthcare Medical
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$296.6K
$259.6K – $346.1K
NOI $20,764 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Corner suite in Old Bridge Professional Plaza with four offices, common area, private rest room, and elevator access.
Where is this medical office space located?
The property is located at 400 Perrine Rd Old Bridge, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,500 SF corner suite in the Old Bridge Professional Plaza with abundant natural light; Four offices plus generous common area for flexible professional use; Private rest room and equipment/storage closet included
