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7 Edgeboro Rd East Brunswick, NJ 08816

For Sale
$6,000,000

NNN Leaseback, High Occupancy, Strong NOI

Property size:
20,350 SF

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a 20,350 square foot, single-unit senior day care facility located at 7 Edgeboro Rd, East Brunswick, NJ 08816. The property, built in 2001 with renovations completed in 2004 (including a second-floor addition in 2015), sits on a 1.4-acre lot and boasts 50 parking spaces. Currently operating at 100% occupancy with a strong, established clientele, the property generates a substantial Net Operating Income (NOI) of $330,000, representing a 5.50% cap rate on the $6,000,000 asking price. The sale is structured as an absolute NNN leaseback, offering a secure, passive income stream for the buyer. The building features a 9-foot ceiling height and is zoned HC2. Its prime location, seconds from Route 18 and a mile from the New Jersey Turnpike, ensures high visibility and accessibility. The seller may consider a sale as a vacant building. This turnkey operation presents a rare opportunity to acquire a high-performing asset in a desirable location with significant upside potential. The property's strong financials, coupled with its strategic location and the potential for a vacant sale, make it an attractive investment for discerning buyers.

Property Features for 7 Edgeboro Rd

General Information

Property type
Specialty properties
Square Feet
20,350 SF
Lot Size
60,984 SF

Building Details

Year Built/Renovated
2001/2004
Buildings
1
Stories
2
Units
1

HighLights

  • $6,000,000 asking price for this 20,350 square foot senior day care facility.
  • Absolute NNN lease in place with 100% occupancy.
  • 5.50% cap rate and $330,000 NOI.
  • Located at 7 Edgeboro Rd, East Brunswick, NJ 08816, on a 1.4‑acre lot with 50 parking spaces.
  • Built in 2001, renovated in 2004 (second floor addition in 2015).
  • Sale includes a leaseback option; potential for vacant sale.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Just Home Medical ... Adult Day Care Center

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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
-74.401458188095
Latitude
40.463891923893

FAQs

What type of property is this?
Specialty property - NNN Leaseback, High Occupancy, Strong NOI
Where is this specialty property located?
The property is located at 7 Edgeboro Rd East Brunswick, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: $6,000,000 asking price for this 20,350 square foot senior day care facility.; Absolute NNN lease in place with 100% occupancy.; 5.50% cap rate and $330,000 NOI.
More about this property
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