517 Route 1 South, Iselin NJ
517 Route 1 South, Iselin NJ
Woodbridge
Value-add office in the supply-constrained North Edison/Woodbridge corridor
| Neighborhood | Woodbridge |
|---|---|
| Size | 145,581 SF |
Investment Highlights:
Meridian Investment Sales is pleased to present 517 Route 1 South (“Woodbridge Place”), a five-story, 145,481 RSF Class B+ office building on a 5.97-acre site along the Route 1 corridor in Woodbridge, NJ. The property is 83.27% occupied by a diversified roster of educational, medical, and corporate tenants, with pending leases driving NOI toward $2.0M+ and roughly 20,500 SF of remaining vacancy offering a clear value-add runway. With a recently renovated Class A-quality plant, ample parking, and an atrium connection to the adjacent Delta Hotel by Marriott, the asset is well positioned in a tight submarket near Metropark, Menlo Park Mall, and Woodbridge Center.