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    FOR LEASE
    Office buildings

    1200 Tices Ln, East Brunswick, NJ 08816

    30,000 SF 2.35 ac lot Built 1987
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US59-0979719
    Property summary
    AI-generated overview

    This exceptional Class B office building, located at 1200 Tices Lane in East Brunswick, New Jersey, offers a fantastic opportunity for businesses seeking flexible and well-maintained workspace. The property boasts a total of 30,000 square feet spread across two stories, with 10,040 square feet currently available for lease. Multiple tenancy options are available, with suites ranging from a minimum of 1,250 square feet to a maximum contiguous space of 7,500 square feet, catering to a variety of business needs and sizes. The building features upgraded common areas, reflecting a commitment to providing a professional and comfortable environment for tenants. Its strategic location at the intersection of Tices Lane and Ryders Lane in Middlesex County offers unparalleled convenience, with easy access to major transportation arteries including the New Jersey Turnpike, Route 1, and Route 18. This prime location ensures seamless commutes for employees and clients alike. The 08816 zip code further enhances its appeal within the Brunswicks submarket. This is a master-leased property, promising a streamlined and efficient leasing experience. Don't miss this chance to secure your ideal office space in this thriving East Brunswick location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Total area 30,000 SF
    Lot 2.35 ac (102,366 SF)
    Zoning code OP1
    APN 04 00006- 05-00025- 01
    UPID US59-0979719
    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
    Current use
    Occupant on record · Public records
    • Richard J. Bowe, LPC Counselor
    • Rossetter Simon Insurance Agency
    • Anbakam Metals Metal Fabrication Plant Factory
    • Dr. Jay M. Tendler, MD Physician
    • Creative Capital Inc. - Structured Settlements Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.37M
    CAP Approach CAP
    $7.53M
    Comparable Approach Comparable
    $6.14M
    Blend (final) Blend
    $7.41M
    Owner & transaction history
    Sirivarsha Tices LLC · 4 yrs held
    Sirivarsha Tices LLC
    since 2022
    Last sale
    $7.3M
    7 recorded transactions
    2022
    $7.3M
    2017
    2016
    $6.0M
    1969
    1969
    1969
    1969
    Zoning & alternative use
    OP1 · East Brunswick, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $8.3M +0.3%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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