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Photography available after free registration below
Virtual Drive-By

T-Mobile NNN

299 Route 1 · Edison, NJ 08817-5141 · Specialty Retail

Asking price
$1,281,994
Cap rate
7.25%
NOI
$92,445

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining—
Expiration—
Rent bumpsAnnual rent increases per schedule: 7/01/2022-6/30/2023: $92,179.17; 7/01/2023-6/30/2024: $94,944.55
Options5 renewal options: 7/01/2027-6/30/2028: $108,935.89; 7/01/2028-6/30/2029: $112,203.97; 7/01/2029-6/30/2030: $115,570.09; 7/01/2030-6/30/2031: $119,037.19; 7/01/2031-6/30/2032: $122,608.31
Ground lease—
Credit profileFranchisee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,312
Price / SF$555
Year built—
Lot size0.07 ac
TypeStorefront
Days on market728

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Single tenant T-Mobile NNN asset for sale
  • ​Access from three roadways
  • ​LL Responsibilities: $2,000 Roof Structure, Building Insurance
  • ​Tenant Responsibilities: HVAC, Interior Components, Glass and Doors, CAM

Property overview

299 Rt.​ 1 Edison, NJ

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.