c2 Brier Hill CtEast Brunswick, NJ 08816

Property Details for c2 Brier Hill Ct

Property size (Sq ft)

4,750 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a 4,750-square-foot office condo located on the second floor of Building C at Brier Hill Court in East Brunswick, New Jersey (08816). The property, built approximately in 1985 and renovated around 2010, offers nine professional office suites under a gross lease structure with multiple tenants. The current Net Operating Income (NOI) is $60,000, resulting in a 6.25% capitalization rate. This stabilized investment boasts a strong rental history and is ideal for both investors seeking passive income and owner-users looking to occupy a portion of the space while generating rental income from the remaining suites. All tenants have short-term leases, presenting the unique opportunity for a new owner to potentially consolidate the entire space. The property features a well-maintained parking lot and benefits from its location within a clean, professional, and well-managed office complex. Its convenient proximity to hospitals, major highways, restaurants, banks, a post office, and a densely populated residential area further enhances its appeal and potential for strong occupancy. The property is zoned OP1 and is sold as a fee-simple interest

Location Insight

City

East Brunswick

County

Middlesex

State

New Jersey

Latitude

40.4104

Longitude

-74.423

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