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Ground Floor Office Condo 23 Wallace St 6,095 SF 59% Leased Office Building Red Bank, NJ 07701 $3,500,000 ($574.24/SF) 7.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Vacant 2,500 SF office unit ideal for an owner/operator who wants to be within downtown Red Bank
- Tremendous location just minutes from the Garden State Parkway, Route 35, Red Bank train station, and the Jersey Shore
- 35 covered parking spaces that lead directly into the units, which is nearly impossible to find in downtown Red Bank
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,095 SF
Building Class
A
Year Built
2009
Price
$3,500,000
Price Per SF
$574.24
Cap Rate
7.11%
NOI
$248,868
Percent Leased
59%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,524 SF
Building FAR
0.13
Lot Size
1.04 AC
Zoning
CCD2
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- World Fuel Services
- -
- -
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| World Fuel Services | - | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
includes 10 parking spaces in the on-site parking deck
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,500 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 2,500 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
includes 10 parking spaces in the on-site parking deck
1 1
Walk Score®
Walker's Paradise (97)
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Ground Floor Office Condo | 23 Wallace St
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