For Sale
$3,787,000
268 Nj-18 East Brunswick, NJ 08816
East Brunswick, NJ: NNN Lease, 6.21% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Exceptional retail investment opportunity: Two freestanding buildings totaling 13,400 SF on high-traffic Route 18 in East Brunswick, NJ. 100% occupied by long-term tenants.
- New mixed-use development planned across Route 18, including approximately 750-800 residential units and 60,000 SF of retail space.
- NJ Department of Transportation (DOT) plans to install sidewalks in front of the property.
- Net Operating Income (NOI) includes revenue from two billboards.
- Triple Net (NNN) leases with built-in rent increases. Principals only. Call 732-735-1313.
Property Details for 268 Nj-18
- Property type
- Lifestyle centers, Power centers
- Buildings
- 2
Location Insight
- City
- East Brunswick
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.460359355675
- Longitude
- -74.402687879261
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - East Brunswick, NJ: NNN Lease, 6.21% Cap Rate
- Where is the lifestyle center located?
- The property is located at 268 Nj-18 East Brunswick, NJ.
- What is the asking price?
- The asking price for this property is $3,787,000.
- What are key features of this property?
- This property features: Exceptional retail investment opportunity: Two freestanding buildings totaling 13,400 SF on high-traffic Route 18 in East Brunswick, NJ. 100% occupied by long-term tenants.; New mixed-use development planned across Route 18, including approximately 750-800 residential units and 60,000 SF of retail space.; NJ Department of Transportation (DOT) plans to install sidewalks in front of the property.
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