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333 Forsgate Dr
Jamesburg, NJ 08831 Turnpike East

$6,100,000 USD

Storefront Retail Office For Sale • 20,253 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 20,253 SF
Lot Size 2.9 AC
Building Class C
Year Built 2003
Tenancy Multiple
Zoning 0

0 Transit Score

50 Walk Score

                
                    Highlights
                
                                Newly Approved: Convenience Store & Restaurant Use Entitlements secured this year. The buyer inherits the approval on day one.
                            
                                A Generational Offering Original ownership since development. First time to market.
                            
                                Prime Forsgate Drive Frontage Monument signage and multiple curb cuts with full turning movements, minutes from Turnpike Exit 8A.
                            
                                Medical Tenancy on a Retail Site Dentistry, internal medicine, and Quest Diagnostics under one roof
                            
                                Income in Place, Upside in Hand Approximately 81.5% occupied. Below market rents with staggered expirations provide a clear path to rent growth.
                            
                                A Constrained, Affluent, Aging Trade Area Five-mile medical inventory flat since 2018 at 95.5% occupancy. $140,454 median income.

Amenities

Signage
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Newark Liberty International	38 min	-	36.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	104
Type:	Surface
Included in Rent:	Yes

Kim Kretowicz 732-768-1200 NAI James E. Hanson, Inc.

333 Forsgate Dr Jamesburg, NJ 08831 Turnpike East