Industrial Office Flex
409 US-22 Whitehouse Station, NJ 08889
For Sale
Contact for pricing
Flex industrial and office space on 3.05 acres offering a combined work-and-office configuration.
Property Size5,000 SF
Lot Size3.05 Acres
Price / SF$300
Days on Market167
Property Features for 409 US-22
General Information
Standard status
Active
Size
5,000 SF
Lot size
3.05 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Bussell Realty Corp
(908) 255-3141
Listed By:
Steve Jaynes
(908) 255-3141
Source:
Moodyscre
Added: Feb 12
Changed: Jul 26
Last Checked: Jul 28 at 2:06PM
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 Bussell Realty Corp
Investment Insights
Based on property information with market context.
This property offers approximately 5,000 SF of industrial and office flex space on 3.05 acres. The asset is presented as a combined industrial/office setup, suitable for operations that require both workspace and an office component.
The property is located at 409 US-22 in Readington Township, New Jersey, providing convenient access along US-22.
Presented for sale, this offering is a straightforward option for buyers seeking a single-site industrial and office configuration within a larger 3.05-acre lot.
The property is located at 409 US-22 in Readington Township, New Jersey, providing convenient access along US-22.
Presented for sale, this offering is a straightforward option for buyers seeking a single-site industrial and office configuration within a larger 3.05-acre lot.
Key Highlights
- 5,000 SF industrial/office space
- Set on 3.05 acres (3.05 AC)
- Combined work‑and‑office configuration
Financial Insights For Industrial
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 | $85.2k | $17.04 |
| − Vacancy | −$5.0k | −$1.01 |
| EGI | $80.2k | $16.03 |
| − OpEx | −$24.1k | −$4.81 |
| NOI | $56.1k | $11.22 |
5,000 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Industrial
$801.7K
$701.5K – $935.4K
NOI $56,121 @ 7.0% cap · market cap 3.74%
Second Best
Flex RnD
$794.8K
$695.4K – $927.2K
NOI $55,634 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,392 @ 7.0% cap · market cap 6.09%
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?
Flex space - Flex industrial and office space on 3.05 acres offering a combined work-and-office configuration.
Where is this flex space located?
The property is located at 409 US-22 Whitehouse Station, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,000 SF industrial/office space; Set on 3.05 acres (3.05 AC); Combined work‑and‑office configuration
