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    1245 Us Hwy 1 Hwy Edison, NJ 08837

    For Lease
    $5 SF/Yr

    8,000 SF Office, High Visibility

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 1245 US Highway 1, offers a rare opportunity to acquire a highly visible and well-maintained office space. The building, situated on a 0.004-acre lot, boasts a total of 8,000 square feet spread across two stories. The main office area, occupying 2,000 square feet on the ground floor, features a thoughtfully designed layout including four private offices, a kitchenette, a bathroom, and an open-concept workspace. This ground floor space also benefits from a wide, ADA-compliant entrance and ample natural light. Currently, the space is divided into four separate units, with State Farm and a kitchen company as existing tenants. The property includes 20 on-site parking spaces, a significant advantage for employees and clients. A separate 400-square-foot conference room with its own bathroom is also available. The property is zoned OS and has an APN of 050077000000004811. The building is a single-tenant structure, offering a unique opportunity for a business seeking a prominent location with excellent visibility on US Highway 1. The current net-net-net (NNN) lease is $200.00 per month. This property presents a compelling investment opportunity for businesses seeking a high-traffic location with ample space and convenient amenities.

    Property Features for 1245 Us Hwy 1 Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    8,000 SF
    Rate per SF
    $5

    HighLights

    • Land and office property totaling 8,000 square feet.
    • Single‑tenant occupancy.
    • Two‑story building with 20 parking spaces.
    • Located on US Highway 1, offering high visibility.
    • Zoned OS.
    • APN: 050077000000004811.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3506626
    Latitude
    40.5315656

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    FAQs

    What type of property is this?
    Office Property / Space - 8,000 SF Office, High Visibility
    Where is this office property / space located?
    The property is located at 1245 Us Hwy 1 Hwy Edison, NJ.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Land and office property totaling 8,000 square feet.; Single-tenant occupancy.; Two-story building with 20 parking spaces.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1245 Us Hwy 1 Hwy Edison, NJ 08837
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