1000 Woodbridge Center Drive

1000 Woodbridge Center Drive, Woodbridge Township, NJ

$5,000,000

Price

31,437 sqft

Building Size

81%

Occupancy

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Street
Map
Overview
Building Size
31,437 sqft
Occupancy
81%
Class
B
Year Built
1984
Price Per Sqft
$159.04
Tenancy
Multiple
Floors
2
Parking Spots
117
Number of Elevators
1
Description

Swali’s real estate team exclusively presents the opportunity to
acquire 1000 Woodbridge Center Drive, Woodbridge NJ. The 31,437
Square Foot Office Building is located in the robust Metropark
submarket and will be delivered 81% occupied. This a great
opportunity for an investor to lease up, or a business operator who
uses office space to own a long term legacy asset, while collecting
rent from a great roster of tenants. Investors can take advantage of
long term leases with built in rent increases, with potential to grow
the asset’s net income through a lease-up program.

The location is immersed in major arteries, such as US Highway 1,
Garden State Parkway, New Jersey Turnpike, and Route 287. Right
out front of the building, there is public bus transportation. The site
sits 8 minutes from Metropark (regional) train station, and 7 minutes
from Woodbridge Train Station. An uber would cost approximately
$7 to either of the train stations nearby. From there, patrons can get
to NYC in 41 minutes, or Philadelphia in 90 Minutes.

If on the Amtrak, a patron can get to NYC in 25 minutes, and
Philadelphia in 60 minutes, or Washington DC in 3 hours. The
Newark International Airport is a 20 minute drive. Nearby, the area
has two of the largest shopping malls in New Jersey. Menlo Park
Mall & Woodbridge Mall are within 4 minutes drive. This gives office
patrons over 100 diverse restaurants to lunch at, and hundreds of
lifestyle oriented retail shops to visit. In addition, for corporate
travelers, there are ample business hotels & lifestyle amenities
nearby.

Highlights
  • Built 1984
  • 31.437 Square Feet
  • 117 Surface Parking Spaces
  • 2 Floors
Documents
Title
1000_Woodbridge_Center_Drive_-_Highview_Plaza_-_Offering_Memorandum.pdf
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Location
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