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2414 Highway 34 9,898 SF 74% Leased Office Building Manasquan, NJ 08736 $2,300,000 ($232.37/SF)
Investment Highlights
- Regional Connectivity
- Turnkey Office Space
- Excellent Access, Parking & Signage
Executive Summary
Richel Commercial Brokerage has been exclusively retained to offer 2414 Highway Route 34, a 9,898-square-foot, two-story office building situated on 1.16 acres in Manasquan, Monmouth County, New Jersey.
The property is leased to a diverse roster of professional office tenants, including Recovery Zone, H&M Holdings, Dr. Michael Panella, and SamPaul Contracting, while two suites remain available for lease.
The building includes 59 on-site parking spaces, an exceptional parking ratio that distinguishes the property from many competing suburban office assets. Inside, the building offers a clean, well-maintained professional environment with reception areas, private offices, open work areas, an elevator, private restrooms, and multiple suite configurations.
The flexible layout is well suited for medical practices, financial services, law firms, accounting, engineering, architecture, insurance, and other professional office users.
Well-located office buildings offering this combination of accessibility, parking, and functional space are increasingly limited along the Route 34 corridor. 2414 Highway Route 34 presents a practical acquisition opportunity for an owner-user or investor seeking a highly accessible office property with immediate occupancy and broad tenant appeal.
The property is leased to a diverse roster of professional office tenants, including Recovery Zone, H&M Holdings, Dr. Michael Panella, and SamPaul Contracting, while two suites remain available for lease.
The building includes 59 on-site parking spaces, an exceptional parking ratio that distinguishes the property from many competing suburban office assets. Inside, the building offers a clean, well-maintained professional environment with reception areas, private offices, open work areas, an elevator, private restrooms, and multiple suite configurations.
The flexible layout is well suited for medical practices, financial services, law firms, accounting, engineering, architecture, insurance, and other professional office users.
Well-located office buildings offering this combination of accessibility, parking, and functional space are increasingly limited along the Route 34 corridor. 2414 Highway Route 34 presents a practical acquisition opportunity for an owner-user or investor seeking a highly accessible office property with immediate occupancy and broad tenant appeal.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,898 SF
Building Class
B
Year Built
2008
Price
$2,300,000
Price Per SF
$232.37
Percent Leased
74%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,653 SF
Slab To Slab
14’
Building FAR
0.20
Lot Size
1.16 AC
Zoning
OB40 - Approved for professional and business offices, medical/dental offices, and commercial/service uses.
Parking
59 Spaces (3.9 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sam Paul
- Services
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sam Paul | Services | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 203
- 2,556 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 203 | 2,556 SF | Office | - | Now |
2nd Fl-Ste 203
| Size |
| 2,556 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 52-00814-0000-00010 | Improvements Assessment | $1,386,500 |
| Land Assessment | $277,900 | Total Assessment | $1,664,400 |
Property Taxes
Parcel Number
52-00814-0000-00010
Land Assessment
$277,900
Improvements Assessment
$1,386,500
Total Assessment
$1,664,400
Contacts
-
Steven Richel -
Greg Elmiger -
Michael Jensen -
Michael Langella -
Richel Commercial Brokerage
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