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Aaron Center 281 Summerhill Rd
16,028 SF 82% Leased Office Building East Brunswick, NJ 08816 $3,333,000 ($208/SF)
Executive Summary
281 Summerhill Rd. Presents a unique opportunity to purchase a fully leased and cash-flowing investment property in East Brunswick, NJ. The property is located at the intersection of Summerhill Rd, Ryders Lane, and Rues Lane, and is across from the Brunswick Square Mall. It is minutes from Routes 18, 9, and 516, with quick access to the NJTP Exit 9.
The property is an ideal investment opportunity with stable leases in place and recent capital improvements completed. There are a total of 16 Tenant Spaces, which are all currently leased.
The tenants are a mixture of medical, dental, and professional users. Spaces range in size from approx. 500SF- 2,000SF. The property is easy to manage and provides consistent and stable income. Ideal for any investor or 1031 exchange.
Property Features:
• ±16,028 SF on 2 Levels
• ±1.56 Acres with two entrances from Summerhill Rd and one from Ryders Lane.
• Parking for +80 Cars On-Site
• 16 Tenant Spaces which are all leased
• Improvements: Newer Roof, Upgraded HVAC and LED Parking Lights
• Potential to Expand Existing Building by another 5K SF
• Private Bathrooms in Each Space
• Zoned OPC2 (Office Professional) permits all office and medical uses.
• Real Estate Taxes: $56,322 per year
• Asking $3,333,000
Investment details including rent roll and income/ expenses available upon request. Please contact Broker for more information or to schedule a site visit.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Ground Floor Medical Office Available. ADA Compliant. The space is in the prime spot in the building with accessibility to the parking lot. Features a large waiting and reception area, kitchenette, 4-6 private exam rooms w/ sinks and cabinetry, multiple patient bathrooms, file and billing rooms, and a consultation office. The layout is Ideal for a wide range of medical uses and is essentially move-in ready. Please call for more information or to schedule a showing.
Great 800 SF Office. Has a small reception and waiting area, 3-4 private offices, private bathroom, and 2 entrances. Ideal for any small professional or medical user. Was previously a dental office and still has plumbing for a dental office. Great for IT, attorneys, staffing, tutoring, etc. Available Immediately. Call for showing.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 101 | 2,080 SF | Office | - | Now |
| 2nd Fl-Ste 204 | 800 SF | Office | - | Now |
1st Fl-Ste 101
| Size |
| 2,080 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 800 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 101
| Size | 2,080 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Ground Floor Medical Office Available. ADA Compliant. The space is in the prime spot in the building with accessibility to the parking lot. Features a large waiting and reception area, kitchenette, 4-6 private exam rooms w/ sinks and cabinetry, multiple patient bathrooms, file and billing rooms, and a consultation office. The layout is Ideal for a wide range of medical uses and is essentially move-in ready. Please call for more information or to schedule a showing.
2nd Fl-Ste 204
| Size | 800 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Great 800 SF Office. Has a small reception and waiting area, 3-4 private offices, private bathroom, and 2 entrances. Ideal for any small professional or medical user. Was previously a dental office and still has plumbing for a dental office. Great for IT, attorneys, staffing, tutoring, etc. Available Immediately. Call for showing.
PROPERTY TAXES
| Parcel Number | 04-00741-0000-00001-01 | Improvements Assessment | $380,100 |
| Land Assessment | $96,000 | Total Assessment | $476,100 |
PROPERTY TAXES
Presented by
Aaron Center | 281 Summerhill Rd
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