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1250 Nj-23 Butler, NJ 07405

OFF-MARKET Office Spaces Google Maps
15,000 SF Built 1968
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

The Anserve Building, located at 1250 Route 23 in Butler, New Jersey (zip code 07405), offers exceptional office space in a high-traffic area. This two-story, Class C building totaling 15,000 square feet was constructed in 1968 and renovated in 1985. Currently, there are multiple tenancies available, with 3,000 square feet of vacant space. Individual suites range from 500 to 3,000 square feet, providing flexibility for businesses of various sizes. The building's prime location on Route 23 in Butler, NJ ensures high visibility and accessibility for clients and employees. Route 23 is a major thoroughfare with significant daily traffic, providing excellent exposure for businesses seeking a prominent location. This vibrant area offers easy access to major highways, connecting the property to a wider regional market. The building presents a compelling opportunity for businesses seeking a well-located, adaptable office space in a bustling New Jersey community. The property's convenient location and available space make it an ideal choice for businesses looking to establish a strong presence in the area.

Property profile

Verified
Property type Office Spaces
Year built 1968
Total area 15,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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