For Sale
$3,086,000

228 Us-22 Green Brook Township, NJ 08812

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

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
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

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FAQs

What type of property is this?
Warehouse - High-traffic industrial sale-leaseback, 7% cap rate.
Where is the warehouse located?
The property is located at 228 Us-22 Green Brook Township, NJ.
What is the asking price?
The asking price for this property is $3,086,000.
What are key features of this property?
This property features: 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).
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 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.
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Contacts

giacomo fiorenza
giacomo fiorenza
Alan Cafiero
Alan Cafiero
Mark Gjonbalaj
Mark Gjonbalaj
Visit Broker Website

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Useful Information

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Us-22
Green Brook Township, NJ 08812

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Us-22
Green Brook Township, NJ 08812

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

228 Us-22
  • giacomo fiorenza
    giacomo fiorenza
  • Alan Cafiero
    Alan Cafiero
  • Mark Gjonbalaj
    Mark Gjonbalaj
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