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Warrenview Knoll 258 King George Rd 14,500 SF 100% Leased Office Building Warren, NJ 07059 $4,000,000 ($275.86/SF) 6.39% Cap Rate



Investment Highlights
- Fully occupied with three established educational tenants under long-term leases.
- Strong income profile with $509,600 in annual rent and NOI of $255,763.
- Located minutes from Exit 36 on I-78, providing exceptional accessibility for tenants and visitors.
Executive Summary
This 14,500 SF income-producing property presents an outstanding opportunity for investors seeking a fully stabilized asset in Warren, NJ. Positioned on King George Road with direct access to Exit 36 of I-78, the property offers excellent regional connectivity to key New Jersey business corridors. The building is 100% occupied by three established tenants—a dance school, Montessori school, and music school—each secured under multi-year leases with renewal options.
Generous site coverage includes an exclusive blacktop parking area, complemented by many recent updates that enhance long-term ownership appeal. The property generates an attractive NOI of approximately $255,763, translating to a 6.39% cap rate, providing strong, predictable cash flow. The offering price of $4,000,000 positions this as a compelling acquisition in the Somerset County market, known for its affluent demographics, robust educational infrastructure, and consistent demand dynamics.
The site spans 2.70 acres under BR-40 zoning, ensuring flexible usage potential while benefiting from its approval with local planning boards. With nearby retail, residential communities, and direct highway access, this asset combines location strength with income stability—ideal for investors seeking turn-key security and long-term value.
Generous site coverage includes an exclusive blacktop parking area, complemented by many recent updates that enhance long-term ownership appeal. The property generates an attractive NOI of approximately $255,763, translating to a 6.39% cap rate, providing strong, predictable cash flow. The offering price of $4,000,000 positions this as a compelling acquisition in the Somerset County market, known for its affluent demographics, robust educational infrastructure, and consistent demand dynamics.
The site spans 2.70 acres under BR-40 zoning, ensuring flexible usage potential while benefiting from its approval with local planning boards. With nearby retail, residential communities, and direct highway access, this asset combines location strength with income stability—ideal for investors seeking turn-key security and long-term value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,500 SF
Building Class
B
Year Built
1996
Price
$4,000,000
Price Per SF
$275.86
Cap Rate
6.39%
NOI
$255,763
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,150 SF
Building FAR
0.12
Lot Size
2.70 AC
Zoning
Commercial
Parking
49 Spaces (3.38 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Central Heating
- DDA Compliant
- High Ceilings
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Washington Rock Band School
- Educational Services
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Washington Rock Band School | Educational Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 20-00082-0000-00005 | Improvements Assessment | $2,537,200 |
| Land Assessment | $1,043,800 | Total Assessment | $3,581,000 |
Property Taxes
Parcel Number
20-00082-0000-00005
Land Assessment
$1,043,800
Improvements Assessment
$2,537,200
Total Assessment
$3,581,000
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Warrenview Knoll | 258 King George Rd
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