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4-6 Cornwall Ct
East Brunswick, NJ 08816
Wyndmoor · Office Property For Sale
Investment Highlights
- Proximity to some of the best doctors and care givers in the area cannot be matched.
- Conveniently located near major cities, creating an ideal suburban area for commuters.
- Middlesex County is one of the fastest growing counties in the state.
- The Route 18 corridor houses various shopping centers, supermarkets, and eateries, providing residents with plenty of choices.
Executive Summary
4-6 Cornwall Ct is a beautiful 22,344 square foot building located in the heart of the thriving Brier Hill and Cornwall Courts medical office community. It is home to some of the best doctors and care givers in the area. Middlesex County, one of the fastest growing counties in the state, boasts an average income of over $130,000 within a one mile radius and over $147,000 within a five mile radius. This high-income area has led to a significant increase in demand for medical space.
The building's prime location is in close proximity to US Route 130 and only 20 minutes away from Rutgers University. Additionally, 4-6 Cornwall Ct has undergone extensive upgrades and stands as the first building when entering the medical complex.
The building's prime location is in close proximity to US Route 130 and only 20 minutes away from Rutgers University. Additionally, 4-6 Cornwall Ct has undergone extensive upgrades and stands as the first building when entering the medical complex.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
B
Year Built
1977
Price
$2,390,000
Price Per SF
$170.71
Cap Rate
7.81%
NOI
$186,750
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.26
Lot Size
1.23 AC
Zoning
OP1 - Office Park
Parking
5 Spaces (0.36 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 04-00319-0000-00033-02 | Improvements Assessment | $293,000 |
| Land Assessment | $73,800 | Total Assessment | $366,800 |
Property Taxes
Parcel Number
04-00319-0000-00033-02
Land Assessment
$73,800
Improvements Assessment
$293,000
Total Assessment
$366,800
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