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76 Stirling Rd 41,707 SF 100% Leased Office Building Warren, NJ 07059 $14,490,000 ($347.42/SF) 6.33% Cap Rate
Executive Summary
Introducing 76 Stirling Road Warren, NJ, a fully-leased 3 building medical office park with stable tenancy and staggered lease rollover dates making this a solid investment opportunity, offering steady, reliable cash flow. Meticulously maintained and professionally managed it is located in the heart of Warren Township. This exceptional investment property offers stability, versatility, and long term value in one of Somerset County’s most desirable business corridors.
Set on over 7 acres, the complex, known as the Watchung Hills Office Park, features three professionally managed office buildings, each offering flexible layouts suitable for a variety of professional uses. The buildings have been consistently maintained, reflecting pride of ownership and ensuring a turnkey experience for investors and tenants alike.
Set on over 7 acres, the complex, known as the Watchung Hills Office Park, features three professionally managed office buildings, each offering flexible layouts suitable for a variety of professional uses. The buildings have been consistently maintained, reflecting pride of ownership and ensuring a turnkey experience for investors and tenants alike.
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Property Facts
Sale Type
Investment NNN
Property Type
Building Size
41,707 SF
Building Class
B
Year Built
2004
Price
$14,490,000
Price Per SF
$347.42
Cap Rate
6.33%
NOI
$916,778
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
41,707 SF
Building FAR
0.13
Lot Size
7.46 AC
Zoning
BR80,Business
Property Taxes
| Parcel Number | 20-00212-0000-00001-09 | Improvements Assessment | $5,902,000 |
| Land Assessment | $1,800,000 | Total Assessment | $7,702,000 |
Property Taxes
Parcel Number
20-00212-0000-00001-09
Land Assessment
$1,800,000
Improvements Assessment
$5,902,000
Total Assessment
$7,702,000
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76 Stirling Rd
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