For Sale
$6,000,000

7 Edgeboro Rd East Brunswick, NJ 08816

NNN Leaseback, High Occupancy, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • $6,000,000 asking price for this 20,350 square foot senior day care facility.
  • Absolute NNN lease in place with 100% occupancy.
  • 5.50% cap rate and $330,000 NOI.
  • Located at 7 Edgeboro Rd, East Brunswick, NJ 08816, on a 1.4-acre lot with 50 parking spaces.
  • Built in 2001, renovated in 2004 (second floor addition in 2015).
  • Sale includes a leaseback option; potential for vacant sale.

Property Details for 7 Edgeboro Rd

Property type
Specialty properties
Square Feet
20,350 SF
Year Built/Renovated
2001/2004
Buildings
1
Stories
2
Lot Size (sq. ft)
60,984 SF
Units
1

Location Insight

City
East Brunswick
County
Middlesex
State
New Jersey
Latitude
40.463891923893
Longitude
-74.401458188095

FAQs

What type of property is this?
Specialty property - NNN Leaseback, High Occupancy, Strong NOI
Where is the specialty property located?
The property is located at 7 Edgeboro Rd East Brunswick, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: $6,000,000 asking price for this 20,350 square foot senior day care facility.; Absolute NNN lease in place with 100% occupancy.; 5.50% cap rate and $330,000 NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7 Edgeboro Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message