3031 State Route 27

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3031 State Route 27

Franklin, NJ 08823
Asking Price
$1.30M
Asset Type
Executive Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The professional office building spans 8,320 square feet of space.
  • Asking price for this executive office property is $1,300,000.
  • Located at 3031 State Route 27 in Franklin New Jersey.
  • The site supports various professional services and corporate business uses.
  • Property is situated in a growing suburban market location.

What's Special

Franklin serves as a growing suburban market within the New Jersey corridor, offering strategic access to regional transit routes and local commerce. This executive office property sits at 3031 State Route 27 and encompasses 8,320 square feet of interior space. The facility provides a functional layout suitable for professional services, corporate headquarters, or regional administrative operations looking for a foothold in the area. Investors and business owners will find this asset well-positioned for traditional office use. The building configuration accommodates diverse professional requirements while maintaining proximity to major thoroughfares. Given the current market demand for flexible office environments, this property represents a practical acquisition for entities seeking to establish or expand their footprint in a established suburban business node.

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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