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400 Perrine Rd Old Bridge, NJ 08857

400 Perrine Rd, Old Bridge, NJ, 08857
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For Sale
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Office Units

Property Size1,136 SF
Price / SF$264.08
Days on Market664

Property Features for 400 Perrine Rd

General Information

Standard status
Active
Size
1,136 SF
Property subtype
Office
Listing agency R.J. Brunelli & Co
Listed by Mario Brunelli · License #NJ 1430840
Source Crexi
Added: Sep 26, 2024 Updated: Jul 10 at 11:18AM Checked: Jul 16 at 4:17AM

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 R.J. Brunelli & Co


Investment Insights

Based on property information with market context.

Key Highlights

  • Prime Location: Corner suite in Old Bridge Professional Plaza with abundant natural light
  • Customizable Space: 1,500 sq ft suitable for various professional uses
  • Established Professional Community: Join existing tenants like Apollonia Family Dental and NJ Vision & Dry Eye Center

Local 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 (±1% cap)
NOI $17,381 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$296.6K
$259.6K – $346.1K (±1% cap)
NOI $20,764 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dr. Swati Gupta, ... Dental Office Comprehensive Dental Associates Dental Office Dogra Rachna DDS Dental Office Center For Digestive Diseases Medical Clinic Ambulatory Surgery Center-Old ... Medical Clinic

Suggested Use

Building Supply Restaurant Hair Salon Law Firm Big Box & Wholesale Store Nail Salon Electrical Service Furniture & Home Goods Parking Lot & Garage Kitchen & Bath Showroom

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

FAQs

Where is this office units located?
The property is located at 400 Perrine Rd Old Bridge, NJ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Prime Location: Corner suite in Old Bridge Professional Plaza with abundant natural light; Customizable Space: 1,500 sq ft suitable for various professional uses; Established Professional Community: Join existing tenants like Apollonia Family Dental and NJ Vision & Dry Eye Center
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