7 Edgeboro Rd East Brunswick, NJ 08816
- Day care centers
- 20,350 SF
- 1.40 lot acres
Current Use by Public Records
- Just Home Medical Adult Day Care / Adult Day Care Center
Property Details for 7 Edgeboro Rd
- Year built
- 2013
- Lot size
- 1.40 lot acres
- Property size
- 20,350 SF
- Zone code
- HC2
- Property type
- Day care centers
- APN
- 04 00834- 01-00038
- APU
- 4008340100038
Description
This exceptional investment opportunity presents a 20,350 square foot, single-unit senior day care facility located at 7 Edgeboro Rd, East Brunswick, NJ 08816. The property, built in 2001 with renovations completed in 2004 (including a second-floor addition in 2015), sits on a 1.4-acre lot and boasts 50 parking spaces. Currently operating at 100% occupancy with a strong, established clientele, the property generates a substantial Net Operating Income (NOI) of $330,000, representing a 5.50% cap rate on the $6,000,000 asking price. The sale is structured as an absolute NNN leaseback, offering a secure, passive income stream for the buyer. The building features a 9-foot ceiling height and is zoned HC2. Its prime location, seconds from Route 18 and a mile from the New Jersey Turnpike, ensures high visibility and accessibility. The seller may consider a sale as a vacant building. This turnkey operation presents a rare opportunity to acquire a high-performing asset in a desirable location with significant upside potential. The property's strong financials, coupled with its strategic location and the potential for a vacant sale, make it an attractive investment for discerning buyers.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $760,000
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Location Insight
- Map
- Local Demand
- City
- East Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4013
- Latitude
- 40.4634
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
