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For sale
Office Units
NJ
Old Bridge
08857
300 Perrine Road # 330

Spacious Office Space in Old Bridge

300 Perrine Road # 330, Old Bridge, NJ 08857

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For Sale

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1,020 sqft office space in a prime Old Bridge location.

Type:Office

Property size:

1,020 SF

Price / SF:

$245/SF

HighLights

Versatile 1,020 sqft office space suitable for various business types.
Prime location at the intersection of US RT 9 and State Highway 34, with close proximity to major highways.
Ample parking available for employees and clients.
Modern facility with a beautiful lobby featuring elevators and marble floors.
Bright and airy atmosphere with plenty of natural light.
Built in 2010.

We can help!

Contact an agent

RAYMOND EPSHTEYN

For Sale

Contact for pricing

1,020 sqft office space in a prime Old Bridge location.

Type:Office

Property size:

1,020 SF

Price / SF:

$245/SF

Added:: Jun 6, 2024
Days on Market:: 763
Last Refresh:: Jun 28 at 7:03 am

Property Features for 300 Perrine Road # 330

General Information

Standard status: Active
Size: 1,020 SF
Property subtype: Office

Building Details

Year Built: 2010

We can help!

Contact an agent

RAYMOND EPSHTEYN

Listing office KELLER WILLIAMS WEST MONMOUTH

Listing date Jun 6, 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 KELLER WILLIAMS WEST MONMOUTH

HighLights

Versatile 1,020 sqft office space suitable for various business types.
Prime location at the intersection of US RT 9 and State Highway 34, with close proximity to major highways.
Ample parking available for employees and clients.
Modern facility with a beautiful lobby featuring elevators and marble floors.
Bright and airy atmosphere with plenty of natural light.
Built in 2010.

Overview

This 1,020 sqft office space is located at 300 Perrine Rd in Old Bridge, NJ. The modern office space features a versatile layout suitable for various business needs, including a medical office, legal practice, trading/business center, accounting firm, or tech facility/studio. The facility includes a lobby with elevators and marble floors, ample parking, and a bright, airy atmosphere with natural light. It is conveniently situated at the intersection of US RT 9 and State Highway 34, with close proximity to major highways, providing an ideal setting for business operations. This space offers an opportunity to establish a new office or expand current operations in a prime location.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$30.6k	$30.00
− Vacancy	−$9.8k	−$9.60
EGI	$20.8k	$20.40
− OpEx	−$5.2k	−$5.10
NOI	$15.6k	$15.30

1,020 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$222.9K

$195.1K – $260.1K (±1% cap)

NOI $15,606 @ 7.0% cap · market cap 6.24%

Second Best

Healthcare Medical

$217.0K

$189.8K – $253.1K (±1% cap)

NOI $15,187 @ 7.0% cap · market cap 6.07%

Theoretical Best

Office A

$266.3K

$233.1K – $310.7K (±1% cap)

NOI $18,644 @ 7.0% cap · market cap 7.46%

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

Property Profile Location Intelligence

Current Use by Public Records

Samra Plastic Surgery: ... Physician Samra Plastic Surgery: ... Physician Joseph Simone, NP, ... Physician Old Bridge Primary ... Physician Ani Medical Group Physician

Suggested Use

Location Insight

Map
Local Demand

City: Old Bridge
County: Middlesex
State: New Jersey
Longitude: -74.3000567
Latitude: 40.4342439

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For sale
Office Units
NJ
Old Bridge
08857
300 Perrine Road # 330

What type of property is this?

Office units - 1,020 sqft office space in a prime Old Bridge location.

Where is this office units located?

The property is located at 300 Perrine Road # 330 Old Bridge, NJ.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Versatile 1,020 sqft office space suitable for various business types.; Prime location at the intersection of US RT 9 and State Highway 34, with close proximity to major highways.; Ample parking available for employees and clients.