Self-Storage and Office Business
85 S Main St, Barnegat, NJ
Call to check price and availability
105,149 SF self-storage and office business center for sale.
Type:INDUSTRIAL
Property size:
105,149 SFLot size:
8.58 AcresPrice / SF:
$195/SF- Added:
- Oct 23, 2025
- Days on Market:
- 207
- Last Refresh:
- Apr 5 at 9:23 pm
Property Features for 85 S Main St
General Information
- Standard status
- Active
- Size
- 105,149 SF
- Lot size
- 8.58 Acres
- Property subtype
- INDUSTRIAL
Listing agent Ashley Compton License #TN 77340 (615) 734-9541
Listing office Colliers | Nashville (615) 734-9541
Listing date Oct 23, 2025
Source Moodyscre
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 Colliers | Nashville
HighLights
- Institutional‑grade self‑storage facility with 105,149 rentable square feet across 622 units.
- Features a 25‑unit office business center (27,049 SF) that is 96% occupied.
- Strategically located on Route 9 (16,344 AADT) with direct access to the Garden State Parkway.
- Secure gated entrance with keypad access, extensive surveillance cameras, and comprehensive exterior lighting.
- Includes approximately 1 acre of expansion land.
- Spacious management office includes resident manager’s quarters.
Overview
This commercial property features a self-storage facility and an office business center. The self-storage component offers 105,149 rentable square feet across 622 units, with unit sizes ranging from 5’x10’ to 10’x30’. Additionally, the property includes a 25-unit office business center spanning 27,049 square feet, with a current occupancy rate of 96%. The property is located along Route 9, which has an average annual daily traffic count of 16,344, and offers direct access to the Garden State Parkway, connecting Barnegat to New York City, Philadelphia, and Atlantic City. The property comprises twenty-one single-story buildings and one two-story climate-controlled building, along with a twenty-four unit single story business center, situated on approximately 11.1 acres. Constructed in phases between 1994 and 2006, the facility includes approximately 1 acre of expansion land. The property features a secure gated entrance with keypad-controlled access, wide drive aisles, and a spacious management office that includes resident manager’s quarters. Security measures include high-definition surveillance cameras and comprehensive exterior lighting.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$17.88M
NOI $1,608,780 @ 9.00% cap · cautious / downside scenario
Moderate
$22.98M
NOI $1,608,780 @ 7.00% cap · market / base-case scenario
Aggressive
$32.18M
NOI $1,608,780 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $3.15M | $30.00 |
| − Vacancy | −$1.01M | −$9.60 |
| EGI | $2.15M | $20.40 |
| − OpEx | −$536.3k | −$5.10 |
| NOI | $1.61M | $15.30 |
105,149 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$22.98M
$20.11M – $26.81M
NOI $1,608,780 @ 7.0% cap · market cap 7.84%
Second Best
Industrial
$16.86M
$14.75M – $19.67M
NOI $1,180,218 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$27.46M
$24.02M – $32.03M
NOI $1,921,955 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Store It All ...
Storage Facility
Chuck's Custom Painting
Painting Service
Location Insight
- Map
- Local Demand
- City
- Barnegat
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2353
- Latitude
- 39.7356
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FAQs
What type of property is this?
Self storage facility - 105,149 SF self-storage and office business center for sale.
Where is this self storage facility located?
The property is located at 85 S Main St Barnegat, NJ.
What is the asking price?
The asking price for this property is $20,520,000.
What are key features of this property?
This property features: Institutional‑grade self‑storage facility with 105,149 rentable square feet across 622 units.; Features a 25‑unit office business center (27,049 SF) that is 96% occupied.; Strategically located on Route 9 (16,344 AADT) with direct access to the Garden State Parkway.
