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    Turnkey Senior Day Care Facility Title is generated by Realmo AI

    7 Edgeboro Rd, East Brunswick, NJ 08816

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    Newer building, thriving business, NNN lease, sale-leaseback opportunity.

    Type:Special Purpose
    Property size:
    20,350 SF
    Price / SF:
    $294/SF
    Added:
    Feb 14, 2023
    Days on Market:
    1239
    Last Refresh:
    Jul 5 at 3:50 am

    Property Features for 7 Edgeboro Rd

    General Information

    Standard status
    Active
    Size
    20,350 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    2001

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    Ronald Aiosa
    Ronald Aiosa

    Listing office Keller Williams Prosperity Realty

    Listing date Feb 14, 2023

    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 Prosperity Realty

    HighLights

    • Sale‑leaseback opportunity with a NNN lease, providing immediate income.
    • Newer building (built in 2001) in excellent, turnkey condition.
    • Substantial renovations, including a second‑floor addition in 2015 and complete interior/exterior updates.
    • Prime location: seconds from Rt 18 and one mile from the New Jersey Turnpike.
    • Currently operating as a thriving senior day care facility with a strong clientele.
    • Potential option to purchase the building vacant.

    Overview

    This is a sale-leaseback opportunity for a newer, turnkey building. The current operator has a thriving business with a strong clientele. Currently used as a senior day care facility, the tenant is on a NNN lease. The owner is looking to sell and lease back from the new owner. The building is in fabulous shape with many renovations including the entire second floor addition completed in 2015. Much of the building has been completely renovated, inside and out. The property is located just seconds from Rt 18 and only one short mile from the New Jersey Turnpike, situated amongst many other large warehouse buildings and bustling with activity. The building has a total size of 20,350 square feet. The owner may be able to sell as a vacant building. This is a fabulous opportunity to create a safe return.

    Local Financial Insights For Apartment 5plus

    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 $610.5k $30.00
    − Vacancy −$41.5k −$2.04
    EGI $569.0k $27.96
    − OpEx −$256.0k −$12.58
    NOI $312.9k $15.38
    20,350 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.47M
    $3.91M – $5.22M (±1% cap)
    NOI $312,942 @ 7.0% cap · market cap 5.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $5.31M
    $4.65M – $6.20M (±1% cap)
    NOI $371,965 @ 7.0% cap · market cap 6.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Just Home Medical ... Adult Day Care

    Suggested Use

    Auto Parts Store Storage Facility Real Estate Agency HVAC Service Grocery & Convenience Store Hair Salon Hotel & Motel Parking Lot & Garage Barber Shop Car Rental Facility

    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
    -74.4015993
    Latitude
    40.4637401

    FAQs

    What type of property is this?
    NNN property - Newer building, thriving business, NNN lease, sale-leaseback opportunity.
    Where is this nnn 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: Sale‑leaseback opportunity with a NNN lease, providing immediate income.; Newer building (built in 2001) in excellent, turnkey condition.; Substantial renovations, including a second‑floor addition in 2015 and complete interior/exterior updates.
    (973) 600-3262 Call to check price and availability
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