Property profile

1245 Us Hwy 1 Hwy Edison, NJ 08837

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional commercial property, located at 1245 US Highway 1, offers a rare opportunity to acquire a highly visible and well-maintained office space. The building, situated on a 0.004-acre lot, boasts a total of 8,000 square feet spread across two stories. The main office area, occupying 2,000 square feet on the ground floor, features a thoughtfully designed layout including four private offices, a kitchenette, a bathroom, and an open-concept workspace. This ground floor space also benefits from a wide, ADA-compliant entrance and ample natural light. Currently, the space is divided into four separate units, with State Farm and a kitchen company as existing tenants. The property includes 20 on-site parking spaces, a significant advantage for employees and clients. A separate 400-square-foot conference room with its own bathroom is also available. The property is zoned OS and has an APN of 050077000000004811. The building is a single-tenant structure, offering a unique opportunity for a business seeking a prominent location with excellent visibility on US Highway 1. The current net-net-net (NNN) lease is $200.00 per month. This property presents a compelling investment opportunity for businesses seeking a high-traffic location with ample space and convenient amenities.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

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

Location

1245 Us Hwy 1 Hwy Edison, NJ 08837
Edison metro
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Value estimations

Realmo proprietary · 4 methods
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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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