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1500 Tilton Rd 7,500 SF Office Building Northfield, NJ 08225 $1,550,000 ($206.67/SF) 10.89% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Area
- High Visibility Location
- Corner Property
EXECUTIVE SUMMARY
Prime Northfield Commercial building for sale. This is currently used as a medical office with a tenant. Large building with its own parking lot, located on a corner property that is high visibility on a frequently traveled road. There are 27 parking spaces and they also rent additional spaces from the church across the street. This sale is for the real estate only, the business is a separate entity. Do not disturb business or employees. Tenant is on a lease until 08/2027 with a renewal option until 08/2028. Contact Listing Agent
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$168,789
|
$22.51
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $168,789 |
| Annual Per SF | $22.51 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,500 SF
Building Class
C
Year Built
1970
Price
$1,550,000
Price Per SF
$206.67
Cap Rate
10.89%
NOI
$168,789
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,750 SF
Building FAR
0.28
Lot Size
0.62 AC
Zoning
OPB - Professional business
Parking
14 Spaces (1.87 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (70)
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1500 Tilton Rd
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