Schedule a Video Call

SUBCOM NNN R&D International Communications Center - 250 Industrial Way West, Eatontown, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $32,000,000

  • 138,163

  • 7.50%

  • NOI :

  • Acres :

  • $2,400,000

  • 10.12

  • Property Type :

  • Property Status :

  • Office

  • Available

Investment Highlights

  • Rare Opportunity to Acquire a +/- 138,000 SF Class A Built-to-Suit R&D, International Communications, Data Center & Office Building Located on Industrial Way West Eatontown, New Jersey
  • Absolute NNN Lease, Corporate Guarantee - Zero Landlord Responsibilities
  • Cerberus Acquired SubCom in 2018 for $325 Million
  • Tenant has Occupied the Building Since 1999 and Recently Signed a 5-Year Lease Extension Commencing in October 2024
  • The Property Features a Data Center, Office Space, Research and Development Laboratories, Storage Space, and 3 Loading Docks Amongst Other Amenities
  • Rent is Below Market Providing for Future Upside
  • Additional Covered 80-Car Parking Garage On Site
  • Uniquely Located in Eatontown's Commercial District Between Route 18 and Route 35 Providing Easy Access to the Monmouth Mall and a Short Drive to Both Fort Monmouth and the Jersey Shore University Medical Center
  • Great Demographics – Population Above 170,000 People Within a 5-Mile Radius and an Average Household Income Above $133,000 Within a 3-Mile Radius