Spacious Office Space in Old
300 Perrine Road Old Bridge, NJ 08857
300 Perrine Road, Old Bridge, NJ, 08857
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For Sale
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2,250 sqft office space in a prime Old Bridge location.
Property Size2,250 SF
Price / SF$288.89
Days on Market897
Property Features for 300 Perrine Road
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing Agency
KELLER WILLIAMS WEST MONMOUTH
Listed by
RAYMOND EPSHTEYN
Source
Crexi
Added: Feb 1, 2024 Checked: Jul 17 at 5:45 am
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
Investment Insights
Based on property information with market context.
This 2,250 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 and offers close proximity to major highways, providing an ideal setting for business operations. This space is suitable for establishing a new office or expanding current operations.
Key Highlights
- Spacious 2,250 sqft office space suitable for various business types.
- Prime location at 300 Perrine Rd in Old Bridge, NJ.
- Conveniently situated at the intersection of US RT 9 and State Highway 34 with close proximity to major highways.
Local Financial Insights For Office B
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 | $67.5k | $30.00 |
| − Vacancy | −$21.6k | −$9.60 |
| EGI | $45.9k | $20.40 |
| − OpEx | −$11.5k | −$5.10 |
| NOI | $34.4k | $15.30 |
2,250 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$491.8K
$430.3K – $573.8K
NOI $34,425 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$587.5K
$514.1K – $685.4K
NOI $41,126 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
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FAQs
What type of property is this?
Office units - 2,250 sqft office space in a prime Old Bridge location.
Where is this office units located?
The property is located at 300 Perrine Road Old Bridge, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Spacious 2,250 sqft office space suitable for various business types.; Prime location at 300 Perrine Rd in Old Bridge, NJ.; Conveniently situated at the intersection of US RT 9 and State Highway 34 with close proximity to major highways.
