635 Cranbury RdEast Brunswick, NJ 08816

This exceptional investment opportunity presents a 10,000 square foot commercial property located at 635 Cranbury Road, East Brunswick, New Jersey, 08816. The property, built in 2002, sits on a 2.09-acre lot and boasts a prominent corner location at Cranbury Road and Fern Road. Currently configured as a former daycare center, the building offers versatile space suitable for a variety of uses, subject to permitted zoning. The property features approximately 25 off-street parking spaces, a significant advantage for potential tenants. The building is zoned R-2, providing flexibility for future development or adaptive reuse. The property is offered at an asking price of $3,750,000, representing a compelling 6.60% capitalization rate. The existing lease is a NNN lease with a 5-year term. Annual property taxes for 2023 were $61,083.75. This property presents a strong investment opportunity in a desirable location with significant potential for future growth and return. The property's size, location, and zoning make it an attractive option for a variety of commercial uses. Serious inquiries are encouraged.