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2550 Rte 22 Union, NJ 07083

NNN Leased Retail Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 5,300 square foot freestanding retail building situated on a 0.42-acre lot at 2550 Route 22 East in Union, New Jersey (zip code 07083). The property boasts a long-term NNN lease with ayr wellness, ensuring a stable and predictable income stream. This prime location benefits from exceptional visibility and accessibility, situated directly on Route 22 East, a major thoroughfare experiencing over 80,000 vehicles daily. The building's 5,300 square feet provide ample space for the current tenant, and the strong market rent ensures a healthy return on investment. The property is classified as retail and is offered as a NNN (Net, Net, Net) lease investment. Its location in Union County, New Jersey, provides access to a robust consumer base and a thriving commercial environment. This is an ideal opportunity for investors seeking a stable, high-traffic retail investment in a desirable New Jersey location. The property's size and location make it an attractive asset with significant long-term potential. The existing lease provides immediate cash flow, minimizing vacancy risk and maximizing return. This is a turnkey investment ready for immediate ownership.

Highlights

  • NNN lease with Ayr Wellness.
  • 5,300 SF freestanding building on a 0.42-acre lot.
  • High-traffic Route 22 location.
  • Strong market rent.
  • Over 80,000 vehicles per day traffic count.

Property Details for 2550 Rte 22

Property type
Retail properties
Square Feet
5,300 SF
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Union
County
Union
State
New Jersey
Latitude
40.6887738
Longitude
-74.3021743

FAQs

What type of property is this?
Retail property - NNN Leased Retail Building, High Traffic
Where is the retail property located?
The property is located at 2550 Rte 22 Union, NJ.
What are key features of this property?
This property features: NNN lease with Ayr Wellness.; 5,300 SF freestanding building on a 0.42-acre lot.; High-traffic Route 22 location.
How can I contact the broker?
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2550 Rte 22
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