Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    East Brunswick Office Building Available Title is generated by Realmo AI

    1200 Tices Ln, East Brunswick, NJ 08816

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Well-maintained office building with upgraded common areas and various suite sizes.

    Type:Office
    Added:
    Feb 10, 2024
    Days on Market:
    845
    Last Refresh:
    May 12 at 10:59 pm

    Property Features for 1200 Tices Ln

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 1200 Tices Ln Contact us

    101 $22/Mo

    Size
    7,500 SF
    Type
    Office
    Move-in ready, plug & play space.nRecently renovated space which includes, reception...
    show more
    Contact us

    102 A $22/Mo

    Size
    1,290 SF
    Type
    Office
    Space is mostly open with manager's office, conference room, IT/storage room & bull-pen...
    show more
    Contact us

    We can help!

    Listing Contact
    Mark Fowler, SIOR

    Listing agent Mark Fowler, SIOR License #NJ 0121460

    Listing office Lee & Associates | New Jersey - Edison Office

    Listing date Feb 10, 2024

    Source Crexi

    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 Lee & Associates | New Jersey - Edison Office

    HighLights

    • Easily accessible from NJ Turnpike, Routes 1 & 18.
    • Well‑maintained office building.
    • Upgraded common areas.
    • Located at the intersection of Tices Lane & Ryders Lane, East Brunswick.
    • Various suite sizes available.
    • Master Leased.

    Overview

    This is a master-leased, well-maintained office building featuring upgraded common areas. Various suite sizes are available. The building is located at the intersection of Tices Lane and Ryders Lane in East Brunswick, New Jersey. It offers convenient access to the New Jersey Turnpike, as well as Routes 1 and 18.
    Property Profile Location Intelligence

    Current Use by Public Records

    Richard J. Bowe, ... Counselor Rossetter Simon Insurance Agency Anbakam Metals Metal Fabrication Plant Dr. Jay M. ... Physician Creative Capital Inc. ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4240195
    Latitude
    40.4556096

    Nearby Similar for Lease

    • $4,000/Mo
      3,206 SF

      Retail Space on Route 18

      3,206 SF retail space in high-traffic shopping district.
      272 State Route 18, East Brunswick Twp., NJ 08816-1955
      View Details
    • Contact for pricing
      3,206 SF

      Retail Space on Route 18

      Retail space in high-traffic area near major routes.
      272 State Route 18, East Brunswick, NJ 08816
      View Details
    • $4,000/Mo

      East Brunswick Commercial Space Available

      Commercial space for rent on NJ State Route 18.
      272 State Route 18, East Brunswick Twp., NJ 08816
      View Details
    • Contact for pricing
      9,720 SF

      East Brunswick Service Facility

      9,720 SF service facility with four drive-in doors.
      49 W Ferris St, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      30,000 SF

      East Brunswick Office Sublease Opportunity

      Sublease opportunity with flexible terms in East Brunswick, New Jersey.
      1200 Tices Lane, East Brunswick, NJ 08816
      View Details
    • Contact for pricing
      9,720 SF

      East Brunswick Service Facility For Rent

      9,720 SF service facility with four drive-in doors.
      49 W Ferris St, East Brunswick, NJ 08816
      View Details
    • $22 SF/Yr
      2,330 SF

      East Brunswick Office Space Available

      2330 square feet of office space for rent.
      754 State Route 18, East Brunswick, NJ
      View Details
    • Contact for pricing
      7,179 SF

      Office Space in Tower Center

      Office space for rent in a 24-story tower.
      2 Tower Center Boulevard, East Brunswick, NJ, 08816
      View Details
    • Contact for pricing
      13,200 SF

      Industrial Space with Office

      13,200 sq ft industrial space with immediate occupancy.
      6 Alvin Court, East Brunswick, NJ, 08816
      View Details
    • Contact for pricing
      17,197 SF

      East Brunswick Office Space Available

      17,197 square foot office space for rent.
      557 Cranbury Road, East Brunswick, NJ, 08816
      View Details
    • Contact for pricing
      35,000 SF

      Route 18 Retail Opportunity

      Retail space with drive-thru in high-traffic Route 18 corridor.
      275 State Rte 18, East Brunswick, NJ
      View Details
    • Contact for pricing
      3,989 SF

      Retail Space with Drive-Thru

      Retail space available in high-traffic Route 18 shopping center.
      273 NJ-18, East Brunswick, NJ
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained office building with upgraded common areas and various suite sizes.
    Where is this office building located?
    The property is located at 1200 Tices Ln East Brunswick, NJ.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Easily accessible from NJ Turnpike, Routes 1 & 18.; Well‑maintained office building.; Upgraded common areas.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Fowler, SIOR
    Real Estate License ID: NJ 0121460
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1200 Tices Ln, East Brunswick, NJ 08816
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!