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Property profile & analytics
OFF-MARKET
Commercial real estate

147-151 Pierce St Somerset, NJ 08873

37,778 SF 4.5 ac lot Built 2008
Property ID
Property summary
AI-generated overview

This exceptional 37,778 square foot retail center is situated on a 4.5-acre lot in the thriving business area of Somerset, New Jersey. Currently, one retail space is available, measuring 1,685 square feet. The property boasts a highly visible location at a signalized intersection, ensuring maximum exposure for your business. This successful retail center is located in the prestigious Somerset County, benefiting from a strong local economy and high traffic volume. The available space is ideal for a variety of retail uses and offers significant potential for growth. The asking rate is $24 per square foot, NNN. This represents a unique opportunity to establish or expand your business in a prime retail location within a well-established and successful commercial center. The property's size and location make it an attractive investment for businesses seeking high visibility and accessibility. The 4.5-acre lot provides ample parking and potential for future expansion. Don't miss this chance to secure a prominent space in a thriving Somerset County commercial hub. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Year built 2008
Total area 37,778 SF
Lot 4.5 ac (196,020 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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