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Located in Edison's RRRD!!! 1017 King Georges Post Rd 3,900 SF 100% Leased Office Building Edison, NJ 08837 $2,257,119 CAD ($578.75 CAD/SF) 5.17% Cap Rate
Investment Highlights
- Great Opportunity for Owner-user, Day Care, Medical / Wellness operator, Office HQ
Executive Summary
Finished photos are AI and an artistic rendering of what the building could be once finished. 1017 King Georges Road is an under renovation commercial building located in Edison Township's Raritan River Revitalization District (RRRD). The property offers approximately 2,800 SF above grade (1,400 SF per floor) plus a full-height basement of ~1100. Delivered in vanilla box condition, it provides an excellent opportunity for an owner/user or investor to customize the space to suit specific operational needs. Planned exterior improvements include a new 22-space parking lot, new concrete access steps, and ADA-compliant upgrades, including a handicap lift servicing the building, to be completed prior to the end of Fall.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$132,042
|
$33.86
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,602
|
$1.69
|
| Effective Gross Income |
$125,439
|
$32.16
|
| Taxes |
-
|
-
|
| Operating Expenses |
$8,718
|
$2.24
|
| Total Expenses |
$8,718
|
$2.24
|
| Net Operating Income |
$116,721
|
$29.93
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $132,042 |
| Annual Per SF | $33.86 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,602 |
| Annual Per SF | $1.69 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,439 |
| Annual Per SF | $32.16 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,718 |
| Annual Per SF | $2.24 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $8,718 |
| Annual Per SF | $2.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $116,721 |
| Annual Per SF | $29.93 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
3,900 SF
Building Class
B
Year Built
2026
Price
$2,257,119 CAD
Price Per SF
$578.75 CAD
Cap Rate
5.17%
NOI
$116,721 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,300 SF
Building FAR
0.23
Lot Size
0.40 AC
Zoning
RRRD - Located within Edison’s Raritan River Revitalization District — offering long-term redevelopment and mixed-use upside.
Parking
22 Spaces (5.64 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Wheelchair Accessible
- Car Charging Station
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-00755-01-00036-01 | Total Assessment | $216,260 CAD |
| Land Assessment | $114,267 CAD | Annual Taxes | $0 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $101,994 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
05-00755-01-00036-01
Land Assessment
$114,267 CAD
Improvements Assessment
$101,994 CAD
Total Assessment
$216,260 CAD
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2026
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Located in Edison's RRRD!!! | 1017 King Georges Post Rd
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