Freestanding For Sale • 11,800 SF
| Subject is an 11,800-square-foot retail strip center fully occupied by six commercial tenants with rental increases and one residential tenant. |
| Direct frontage along Route 22 boasts a daily traffic count of more than 26,000 vehicles and enables multiple ingress/ egress points. |
| Stable tenant mix evidenced by the average tenant tenure of 7+ years and value-add window via lease rate momentum. |
| In-place net operating income surpasses $180,800, and nearly all commercial tenants have guaranteed increases in the current leasing structure. |
| Interstate 78, Interstate 287, Newark Liberty International Airport, and the New York City metro are all reachable within an hour’s drive or less. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| White House (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) | 5 min | - | 2.0 mi |
| North Branch (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) | 8 min | - | 4.4 mi |
| Airport | Drive | Walk | Distance |
| Trenton Mercer | 58 min | - | 36.2 mi |
| Newark Liberty International | 47 min | - | 38.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 42 |
| Type: | Surface |
| Included in Rent: | Yes |