250 Industrial Way Eatontown, NJ 07724

This exceptional investment opportunity presents a 138,163 square foot, Class A office building situated on a 10.12-acre lot at 250 Industrial Way West, Eatontown, NJ 07724. The property boasts a strong 7.50% cap rate and a substantial net operating income (NOI) of $2,400,000. Currently 100% occupied under a triple-net (NNN) lease with a corporate guarantee, the lease features a remaining term of approximately 4.9 years, extending to October 9, 2029. The building, constructed in 1999, is a two-story structure with 521 parking spaces, including an 80-car covered garage. The property includes a data center, office space, R&D labs, and storage, along with three loading docks. Zoned BP-2, this strategically located asset benefits from easy access to major roadways (Routes 18 and 35), proximity to the Monmouth Mall, Fort Monmouth, and Jersey Shore University Medical Center. The surrounding area demonstrates strong demographics, with over 170,000 people within a 5-mile radius and an average household income exceeding $133,000 within a 3-mile radius. The asking price for this exceptional investment is $32,000,000. This presents a rare opportunity to acquire a high-quality, well-located commercial property with significant upside potential.