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Peach Plaza 1500 Saint Georges Ave 19,420 SF 100% Leased Office Building Avenel, NJ 07001 $5,201,000 ($267.82/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied, Approximately 19,420 Square Foot Medical/Retail Property in Avenel, Middlesex County, New Jersey
- Prime St. Georges Avenue Location – One of Middlesex County's Key North-South Corridors – Over 28,000 Vehicles Per Day
- Diverse Medical Tenant Mix Including: NJ Imaging Network, Pediatrics, Ophthalmology and Therapy
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,420 SF
Building Class
B
Year Built
1987
Price
$5,201,000
Price Per SF
$267.82
Cap Rate
6.50%
NOI
$338,079
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,420 SF
Building FAR
0.20
Lot Size
2.26 AC
Zoning
B-3
Parking
103 Spaces (5.3 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 25-00761-01-00001-04 | Improvements Assessment | $427,200 |
| Land Assessment | $226,000 | Total Assessment | $653,200 |
PROPERTY TAXES
Parcel Number
25-00761-01-00001-04
Land Assessment
$226,000
Improvements Assessment
$427,200
Total Assessment
$653,200
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Peach Plaza | 1500 Saint Georges Ave
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