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Property profile & analytics
FOR LEASE
Commercial real estate

1433 Hooper Ave Toms River, NJ 08753

13.96 ac lot
Entity Owned 12-yr Hold Free & Clear
Property ID
US59-1543936
Property summary
AI-generated overview

Bayview Corporate Center presents a unique opportunity to lease exceptional Class A office space in Toms River, New Jersey. This three-story building, totaling 125,229 square feet, boasts a desirable location on Hooper Avenue, offering convenient access to the Garden State Parkway (GSP) and Route 9. The property sits on 14 acres of land and includes 762 parking spaces, ensuring ample parking for tenants and their guests. The building features a modern glass atrium, two general-use elevators, and common area bathrooms, along with some in-suite bathrooms. Currently, 26,955 square feet of space is available for lease. The building is zoned O 10 C (Office zone) within Ocean County's Ocean County submarket, and its address is further identified by APN 08-00442-0059-00040 and cross street Indian Hill Road. The lease rate is $22 per square foot, modified gross, encompassing gas and janitorial services. Electricity is the tenant's responsibility. The landlord is open to negotiating long-term lease agreements, making this an attractive option for businesses seeking a stable and prestigious office environment. Its proximity to the Ocean County Mall adds to its appeal. This is one of the few Class A office buildings in Toms River, presenting a rare opportunity for discerning tenants.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 13.96 ac (607,923 SF)
Zoning code O10
APN 08 00442- 59-00040
UPID US59-1543936
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
  • VitalAxis Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Technology and Management International, LLC Business To Business Service
  • TIAA Bank Home Lending Financial Advisor
  • Jacquelyne K. White - Morgan Stanley Financial Advisor
  • Gerard R. Tischio - Morgan Stanley Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bayview Corp Center LLC · 12 yrs held
Bayview Corp Center LLC
since 2013
2 recorded transactions
2013
Price N/A
2008
Price N/A
Zoning & alternative use
O10 · Toms River, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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