400 Perrine Rd Old Bridge, NJ 08857
400 Perrine Rd, Old Bridge, NJ, 08857
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For Sale
Contact for pricing
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
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
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
Similar For Sale Nearby
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