Property summary
This exceptional investment opportunity presents a 4,750-square-foot office condo located on the second floor of Building C at Brier Hill Court in East Brunswick, New Jersey (08816). The property, built approximately in 1985 and renovated around 2010, offers nine professional office suites under a gross lease structure with multiple tenants. The current Net Operating Income (NOI) is $60,000, resulting in a 6.25% capitalization rate. This stabilized investment boasts a strong rental history and is ideal for both investors seeking passive income and owner-users looking to occupy a portion of the space while generating rental income from the remaining suites. All tenants have short-term leases, presenting the unique opportunity for a new owner to potentially consolidate the entire space. The property features a well-maintained parking lot and benefits from its location within a clean, professional, and well-managed office complex. Its convenient proximity to hospitals, major highways, restaurants, banks, a post office, and a densely populated residential area further enhances its appeal and potential for strong occupancy. The property is zoned OP1 and is sold as a fee-simple interest
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Loan Service Bank
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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