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Office

Aaron Center

281 Summerhill Rd, East Brunswick, NJ 08816

Listing Price: $3,125,000

Cap Rate
7.01%
Gross SF
16,028
Rentable SF
15,973
Price/Gross SF
$194.97
Lot Size
1.56 acres
Year Built
1975

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Aaron Center, a two story, 18 unit, office building in East Brunswick, New Jersey. This fully occupied property is conveniently located less than 1 mile from route 18 and shopping/restaurants. The property features a diverse collection of tenants types, including a large amount of medical related professions, two parking lots, exterior access and walkways,
The tenants pay for their own separately metered electric, landlord pays for gas and provides heating cooling.
East Brunswick continues to support a significant retail presence and development projects such as the recent retail/multifamily project a short ways down Summerhill road from this location.

Investment Highlights

  • Two story multi tenanted office building in East Brunswick, N.J.
  • 20 tenant property with wide range of tenant types
  • Conveniently situated less than 1 mile from Route 18 and restaurants/shopping
  • Ample parking provided by two separate lots
  • Tenants pay for their own separately metered electric
  • Landlord pays for gas: heating/cooling, and hot water

Exclusively Listed By

  • Chip Collins

    First Vice President Investments

    (201) 742-6124

    Email Chip

    License(s): NJ: 0016571, NY: 10401230649, PA: RSR001965

    New Jersey

  • Brian Kaplan

    Senior Associate

    (201) 742-6133

    Email Brian

    License(s): NJ: 1753184, NY: 10401253635

    New Jersey

Financing By

Listing Price: $3,125,000

Cap Rate
7.01%
Gross SF
16,028
Rentable SF
15,973
Price/Gross SF
$194.97
Lot Size
1.56 acres
Year Built
1975

Investment Highlights

  • Two story multi tenanted office building in East Brunswick, N.J.
  • 20 tenant property with wide range of tenant types
  • Conveniently situated less than 1 mile from Route 18 and restaurants/shopping
  • Ample parking provided by two separate lots
  • Tenants pay for their own separately metered electric
  • Landlord pays for gas: heating/cooling, and hot water

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Aaron Center, a two story, 18 unit, office building in East Brunswick, New Jersey. This fully occupied property is conveniently located less than 1 mile from route 18 and shopping/restaurants. The property features a diverse collection of tenants types, including a large amount of medical related professions, two parking lots, exterior access and walkways, The tenants pay for their own separately metered electric, landlord pays for gas and provides heating cooling. East Brunswick continues to support a significant retail presence and development projects such as the recent retail/multifamily project a short ways down Summerhill road from this location.

Exclusively Listed By

  • Chip Collins

    First Vice President Investments

    (201) 742-6124

    Email Chip

    License(s): NJ: 0016571, NY: 10401230649, PA: RSR001965

    New Jersey

  • Brian Kaplan

    Senior Associate

    (201) 742-6133

    Email Brian

    License(s): NJ: 1753184, NY: 10401253635

    New Jersey

Financing By

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