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    OFF-MARKET
    Office Spaces

    1250 Nj-23, Butler, NJ 07405

    15,000 SF Built 1968
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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