1052 Stelton RdPiscataway, NJ 08854
- Other commercial real estate
- 6,288 SF
Property Details for 1052 Stelton Rd
- Year built
- 1971
- Lot size
- 4.03 AC
- Property size (Sq ft)
- 6,288 SF
- Zone code
- GB
- Property type
- Other commercial real estate
- APN
- 17 05402-0000-00010- 01
- APU
- 170540200000001001
Description
This exceptional retail property at 1052 Stelton Road in Middlesex County offers a prime opportunity for a variety of businesses. The 18,560 square foot building currently houses a Pep Boys, operating under a long-term ground lease. A significant portion of the space, totaling 9,763 square feet, is currently vacant and available for lease. The existing Pep Boys will continue its tire and auto repair operations. The vacant space, ranging from approximately 3,200 to 11,500 square feet, is highly adaptable and suitable for a range of uses. Ideal tenants might include medical facilities (dialysis or plasma centers), childcare centers, pet daycares, discount retailers, furniture stores, hardware stores, or automotive-related businesses that do not directly compete with the existing Pep Boys' services (e.g., collision centers, auto glass repair, or specialized auto parts). The property boasts excellent visibility from all directions and ample parking, ensuring convenient access for customers. Its location is typically surrounded by nationally recognized retailers, providing strong co-tenancy benefits. The size of the available space can be customized to meet specific tenant requirements. Cash allowances may be negotiated, contingent upon a rent structure that ensures a reasonable return on investment. This is a unique chance to secure a well-located retail space in a thriving Middlesex County market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,189,936
- Hospitality
- $1,089,974
- Educational
- $906,846
- Medical
- $938,034
- Retail
- $1,410,649
Location Insight
- City
- Piscataway
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.5496
- Longitude
- -74.4322
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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