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Office

The Vault

55 Broad St, Red Bank, NJ 07701

Listing Price: $11,500,000

Cap Rate
5.27%
Gross SF
24,032
Rentable SF
24,032
Price/Gross SF
$478.53
Lot Size
0.38 acres
Year Built
1900

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale The Vault, a 24,032-square-foot iconic office asset located in Red Bank, New Jersey. This newly gut-renovated property blends sophisticated, historic façade with modern features and amenities, creating a workplace of true distinction, attracting the market’s strongest tenants. Charles Schwab occupies 50% of the building, recently demonstrating its commitment to the site by signing a new 10-year lease

Investment Highlights

  • Asset Located at the Corner of Broad Street and Wallace Street
  • Highly Desirable Annual 2%-3% Rent Increases
  • Walkable Amenities Catering to Today's Employee Demands

Exclusively Listed By

Listing Price: $11,500,000

Cap Rate
5.27%
Gross SF
24,032
Rentable SF
24,032
Price/Gross SF
$478.53
Lot Size
0.38 acres
Year Built
1900

Investment Highlights

  • Asset Located at the Corner of Broad Street and Wallace Street
  • Highly Desirable Annual 2%-3% Rent Increases
  • Walkable Amenities Catering to Today's Employee Demands

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale The Vault, a 24,032-square-foot iconic office asset located in Red Bank, New Jersey. This newly gut-renovated property blends sophisticated, historic façade with modern features and amenities, creating a workplace of true distinction, attracting the market’s strongest tenants. Charles Schwab occupies 50% of the building, recently demonstrating its commitment to the site by signing a new 10-year lease

Exclusively Listed By

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