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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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- -
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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)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Ground Floor Office Condo | 23 Wallace St
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