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    10 Shawnee Dr Watchung, NJ 07069

    Sponsored
    For Lease
    $18 SF/Yr ($15,625 /Mo)

    Prime Watchung medical/office space available.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained, mixed-use building at 10 Shawnee offers four available suites in a desirable Watchung business location. The property boasts high visibility and features street-level suites ranging from 815 square feet to 1,080 square feet, providing multiple office configurations to suit various needs. Tenants will appreciate the ample parking available. Recent renovations include new carpeting and paint, enhancing the overall aesthetic appeal. The total building size is 10,000 square feet, with a total of four suites. Currently, 3,722 square feet are vacant and available for lease. The minimum divisible space is 815 square feet, while the maximum contiguous space available is 1,080 square feet. This Somerset County location offers excellent accessibility and visibility for businesses seeking a professional and convenient workspace. The asking rate is $18.75 per square foot, NNN. This presents a fantastic opportunity for businesses seeking high-quality office space in a thriving commercial area. The building's excellent condition and convenient amenities make it an ideal choice for medical practices or traditional office users.

    Property Features for 10 Shawnee Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    15625

    Unit(s) available at that property

    Space
    Available Space 4
    Size
    1,080 SF
    Rate per SF
    $18
    Space
    Available Space 1
    Size
    815 SF
    Rate per SF
    $18
    Space
    Available Space 3
    Size
    987 SF
    Rate per SF
    $18
    Space
    Available Space 2
    Size
    840 SF
    Rate per SF
    $18

    HighLights

    • 10,000 SF multi‑tenant office building in Somerset County.
    • Mix of medical and traditional office suites available.
    • Four suites available, ranging from 815 to 1,080 contiguous square feet.
    • 3,722 square feet currently vacant.
    • Located in a desirable Watchung business location with high visibility.
    • $18.75/SF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Watchung
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4778862
    Latitude
    40.6226898

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    FAQs

    What type of property is this?
    Medical office - Prime Watchung medical/office space available.
    Where is this medical office located?
    The property is located at 10 Shawnee Dr Watchung, NJ.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF multi-tenant office building in Somerset County.; Mix of medical and traditional office suites available.; Four suites available, ranging from 815 to 1,080 contiguous square feet.
    Request Owner's contact information
    10 Shawnee Dr Watchung, NJ 07069
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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
    10 Shawnee Dr Watchung, NJ 07069
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