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Office Building Sale-Leaseback

7-10 Wills Way, Piscataway, NJ 08854

For Sale
$1,125,000

Seller will lease back the full second floor, with the first floor available for lease or sale.

Property Size10,000 SF
Price / SF$112.50
Days on Market150

Property Features for 7-10 Wills Way

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,636

Amenities

Central air
Asphalt Roof
Carpet Flooring
Central Air Cooling
Forced Air Heating
On Site
Open Parking
Paved
Tile Flooring

Building Details

Year Built 2010
Listing Agency: FIRST NEW JERSEY R.E. NETWORK
Listed By: ROBERT D. BERLANT · License NJ #236888
Source: Corcoran
Added: Jun 13 Changed: Nov 8 Last Checked: Nov 8 at 5:17AM

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 FIRST NEW JERSEY R.E. NETWORK

Rey
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Investment Insights

Based on property information with market context.

This office building offers a structured sale/leaseback arrangement in which the seller intends to lease back the entire second floor. The building is approximately 10,000 square feet in total and provides separate availability of the first floor for leasing or sale on its own.

Located at 7-10 Wills Way in Piscataway, New Jersey (08854), the property is positioned for tenants and owner-occupants looking for a multi-level office setup with an immediate, defined leasing plan for the second floor.

For buyers evaluating a purchase that includes an existing leaseback component, this configuration provides clarity on near-term occupancy for the second floor through the seller’s planned continued tenancy. For tenants seeking office space, the first floor is available for lease, while prospective owners can also consider acquiring the first floor separately. Please note that the offering terms and remaining leasing details are subject to confirmation.

Key Highlights

  • Year built 2010 office building
  • Sale/leaseback structure: seller will lease back the entire second floor
  • First floor is available for lease or sale separately

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Auto Repair Shop Hair Salon Auto Parts Store Nail Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

677
Businesses Nearby

Demographics for 08854, NJ

60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
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 - Seller will lease back the full second floor, with the first floor available for lease or sale.
Where is this office building located?
The property is located at 7-10 Wills Way Piscataway, NJ.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Year built 2010 office building; Sale/leaseback structure: seller will lease back the entire second floor; First floor is available for lease or sale separately
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