3 Paragon Way Freehold, NJ 07728
This premier Class A office building, the Monmouth Executive Center, located at 3 Paragon Way in Freehold, NJ 07728, offers exceptional office space for lease. Situated on 5.8 acres, this single-story, 67,518 square foot building underwent extensive renovations in 2016. The property is ideally suited for both traditional office and medical office uses. Multiple tenancy options are available, with a minimum divisible space of 3,544 square feet and a maximum contiguous space of 13,526 square feet. Currently, there are 20,863 square feet of vacant space ready for immediate occupancy. Built in 1991, the Monmouth Executive Center boasts a prime location in Monmouth County, offering easy access to major transportation routes. The building's modern amenities and updated infrastructure provide a comfortable and productive work environment. Interested parties are encouraged to inquire about available space and lease terms. This is a rare opportunity to secure high-quality office space in a desirable location. The property is categorized as a Class A building, reflecting its superior construction, amenities, and location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI-3 · Freehold, NJFreehold. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.