Oak Tree Rd Edison, NJ 08820

Property Details for Oak Tree Rd

Year built

2000

Lot size

0.86 lot acres

Property type

Commercial real estate

Description

This exceptional 9,500 square foot medical building presents a unique investment opportunity in Edison, NJ. Situated on a nearly one-acre lot at the desirable Oak Tree Road address, the property boasts an elevator and ample parking. The building is comprised of four suites, three of which are currently leased, generating approximately $14,000 per month in net-net-net (NNN) rent. A significant advantage is the availability of a substantial vacant suite, approximately 1,750 square feet, ready for immediate occupancy. This vacant space offers a prime opportunity for a physician to establish their practice and become their own landlord. The current rental income, with the vacant suite occupied, is projected to increase to approximately $17,500 per month NNN. Showings of the occupied suites will be arranged only after an accepted offer with proof of funds is received, to ensure minimal disruption to existing tenants. This property offers a blend of immediate income and significant future growth potential, making it an attractive investment in a thriving medical market. The asking price for this exceptional property is $3,800,000. The property's location and features make it an ideal investment for those seeking a strong return on investment in the New Jersey medical real estate market.

Location Insight

City

Edison

County

Middlesex

State

New Jersey

Longitude

-74.3614

Latitude

40.5771