For Sale
$3,086,000

228 Us-22Green Brook Township, NJ 08812

High-traffic industrial sale-leaseback, 7% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional sale-leaseback opportunity presents a 11,607-square-foot warehouse situated on a 5.5-acre lot in Green Brook Township, New Jersey. The property, located at 228 US-22, boasts a strong 7.00% capitalization rate and a Net Operating Income (NOI) of $216,000. Built in 1953 and completely renovated, this single-story building features a 16-foot ceiling height, one drive-in door, and ample parking with 28 spaces (2.41 spaces per 1,000 square feet). The property benefits from RHC zoning and enjoys excellent visibility and accessibility, situated in a high-traffic area with 59,900 vehicles passing daily. Its strategic location provides easy connectivity to major transportation arteries, making it an ideal investment for discerning buyers. The asking price for this well-maintained and strategically located warehouse is $3,086,000. This sale-leaseback arrangement offers a secure income stream and significant potential for future growth in a thriving commercial area. The property's size, location, and features make it a compelling investment opportunity.

Highlights

  • 11,607 SF industrial building on a 5.5-acre lot, available for sale-leaseback with RSW Auto Group.
  • High-traffic location (59,900 VPD), single-story building with 16' ceilings, renovated with modern amenities.
  • RHC zoning, one drive-in door, and 28 parking spaces (2.41/1,000 SF).
  • Excellent visibility and access to major transportation arteries.

Property Details for 228 Us-22

Property type
Warehouses, Industrial properties
Square Feet
11,607 SF
Year Built
1953
Stories
1
Lot Size (sq. ft)
239,580 SF

Location Insight

City
Green Brook Township
County
Somerset
State
New Jersey
Latitude
40.5993124
Longitude
-74.4853372
228 Us-22, Green Brook Township, New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
228 Us-22
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message