This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1701 Valley Rd
20,800 SF 76% Leased Flex Building Ocean, NJ 07712 $4,000,000 ($192/SF)
INVESTMENT HIGHLIGHTS
- Thriving location
- Units in very high demand
- Favorable Zoning
- Value Add potential
EXECUTIVE SUMMARY
Property brings in over $21,000/month in rental income and longtime owners have never had a vacancy longer than a month. Units are in such high demand, that there is typically a waitlist to get in. Tenants are responsible for their own separately metered gas and electric meters, snow plowing, and garbage removal. Very low maintenance property with long-term stability given the steady demand for these small to medium sized warehouse/flex units. Please contact Frank Henry by email at fhenry@brokersnetworknj.com or phone at (732) 963-7983 for detailed rent roll, expenses and market comps.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Second floor office space in multi tenant flex park off of Route 35 in Ocean Township.? Right next to Wegmans shopping center.? Two separate private offices and a large open area in the middle.? Can be used as a reception area, conference room, or a ‘pit’ with multiple desks/cubicles.? Majority of office furniture (as pictured) can stay and be used and/or taken by tenant as they wish.?
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,200 SF | Office | - | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Second floor office space in multi tenant flex park off of Route 35 in Ocean Township.? Right next to Wegmans shopping center.? Two separate private offices and a large open area in the middle.? Can be used as a reception area, conference room, or a ‘pit’ with multiple desks/cubicles.? Majority of office furniture (as pictured) can stay and be used and/or taken by tenant as they wish.?
PROPERTY TAXES
| Parcel Number | 37-00189-0000-00004 | Total Assessment | $2,469,300 (2024) |
| Land Assessment | $480,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,989,300 (2024) | Tax Year | 2023 |
PROPERTY TAXES
ZONING
| Zoning Code | I-0 (Light Industrial) |
| I-0 (Light Industrial) |
Presented by
1701 Valley Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.