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$2,650,000
Est. payment /mo
871 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Municipality Toms River Twp (TOM)
MLS Listing ID 22608063
Year Built 1986
Annual Tax Amount $15,408
Tax Year 2025
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Office
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
1031 Exchange - Ideal Office Investment Property
Excellent opportunity to acquire 5 office condos representing approximately 41% ownership of the building. This institutional-quality office investment offers a strong 6.5% cap rate with significant built-in upside and immediate cash flow.
The property features NNN leases with high-credit national and regional tenants in home health services, mental health counseling, and insurance -- providing predictable, low-management income with minimal landlord responsibilities.
A solid value-add opportunity with excellent potential for rent growth and appreciation. Ideal for 1031 exchange investors seeking stability and long-term upside.
Excellent opportunity to acquire 5 office condos representing approximately 41% ownership of the building. This institutional-quality office investment offers a strong 6.5% cap rate with significant built-in upside and immediate cash flow.
The property features NNN leases with high-credit national and regional tenants in home health services, mental health counseling, and insurance -- providing predictable, low-management income with minimal landlord responsibilities.
A solid value-add opportunity with excellent potential for rent growth and appreciation. Ideal for 1031 exchange investors seeking stability and long-term upside.
Location
State NJ
County Ocean
Area Toms River
Direction Lakehurst Rd to 527 to Horner to 10 Allen.
Interior
Heating Forced Air, Hot Water
Cooling Central Air
Exterior
Parking Features On Site, Parking Lot, Paver Block
Waterfront Description Riverview
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 08-00664-0000-00008-0000-C0113
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Listed by Crossroads Realty, Inc.
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