Property Details
Price :
Square Feet :
Cap Rate :
$9,632,000
44,000
7.60%
NOI :
Acres :
$731,994
4.43
Property Type :
Property Status :
Office
Available
Investment Highlights
Mission-Critical Corporate Headquarters
- 44,000 SF Headquarters Facility Fully Occupied by T&M Associates, a Long-Established Regional Engineering and Consulting Firm with 375+ Employees and Operations Across 40+ States.
Attractive Yield with Annual Rent Growth
- Offered at an 7.60% Cap Rate with 2.0% Annual Rent Increases, Creating Predictable NOI Growth and Inflation Protection.
Long-Term NN Lease Structure
- Tenant Responsible for Taxes, Insurance, Utilities, Repairs, and Maintenance, Minimizing Landlord Responsibilities.
High-Quality Corporate Office Asset
- Three-Story Office Building Situated on 4.43 Acres with 184 Parking Spaces and a Strong 4.18/1,000 SF Parking Ratio.
Strategic Monmouth County Location
- Convenient Access to Route 35, Route 36, and the Garden State Parkway Within One of Central New Jersey’s Most Established Suburban Office Corridors.
Defensive Service-Oriented Tenant
- Tenant Operates Within Engineering, Infrastructure, and Environmental Sectors Driven by Recurring Municipal and Private-Sector Demand.
Surrounded by National Retailers
- Located Near Major National Tenants Including Wawa, McDonald's, Dunkin', Kohl’s, Panera Bread, and Stop & Shop, Reinforcing the Area’s Strong Retail Presence and Daily Consumer Traffic.
Established Residential & Commercial Corridor
- Positioned Near Middletown Township Municipal Offices, Established Residential Communities, and New Multifamily Development Supporting Long-Term Area Growth and Business Demand.
Affluent Monmouth County Demographics
- Located Within One of Central New Jersey’s Most Established Suburban Markets With Strong Household Incomes, Dense Population, and Direct Access to the New York Metropolitan Area.
Listing Contacts
