High-Occupancy Office with Stable Cash Flow 371 Hoes Ln 12 413 m² 96 % Loué Bureau Vente aux enchères en ligne Piscataway, NJ 08854

Leased at 96% with strong in-place cash flow and upside, 371 Hoes Lane is a 133,608-square-foot Class A office investment in Piscataway.

Direct access to Route 18 and Interstate 287 places 371 Hoes Lane minutes from the New Jersey Turnpike, Garden State Parkway, and regional transit. Fully renovated in 2020, the three-story building features a glass atrium, modern lobby, upgraded corridors, and quality finishes throughout. Tenant amenities include ample parking, a full-service café, a lounge with Wi-Fi and pool tables, and a new fitness center with locker rooms and classes. Solar power, EV charging, landscaped grounds, decorative lighting, and basement storage enhance efficiency and long-term tenant appeal. Near Rutgers University, major employers, and top retailers, the location draws from a deep, educated workforce in a tight office submarket.

The three-story building stands out with its gray glass-curtain wall, dramatic open atrium with glass elevators, and basement storage. Recent and ongoing capital improvements include new clear exterior window paneling, a redesigned lobby with upgraded flooring, wall coverings, lighting, directory, and furnishings, a new double-glass entry, and refreshed landscaping. Tenants benefit from a full-service café with lounge seating and a new fitness center with men’s and women’s locker rooms. Currently 96% leased, the property offers immediate in-place income supported by a diverse tenant mix spanning professional services, healthcare, accounting, technology, and other industries. One remaining vacancy also gives investors the opportunity to grow net operating income through lease-up at market rates.

371 Hoes Lane benefits from a highly strategic location in the heart of Piscataway, offering strong regional connectivity and everyday convenience. The property provides immediate access to Interstate 287 and is just 10 minutes from the New Jersey Turnpike and Garden State Parkway, allowing for efficient travel throughout Central New Jersey and the broader tri-state region. Newark Liberty International Airport is approximately 45 minutes away, adding further convenience for business travel and visiting clients. Just as important, the surrounding area enhances the property’s appeal with nearby hospitality options, Raritan Landing Golf Course, and a broad mix of national retailers and dining destinations, including Target, Chick-fil-A, Walmart Supercenter, Olive Garden, and Aldi. Its central location near Rutgers University and major employment hubs also reinforces access to a deep and educated workforce, making the campus well-positioned to attract and retain a diverse range of tenants.

371 Hoes Lane presents a compelling acquisition opportunity for investors seeking stable cash flow, quality tenancy, and future upside.

Property tours are available by appointment only. Please contact the listing broker to schedule.