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    287 Rte 22 E Dunellen, NJ

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    For Sale
    $4,070,000

    Retail property with long-term Starbucks lease in high-income area.

    Property size:
    1,750 SF
    Lot size:
    1.42 Acres

    Property Features for 287 Rte 22 E

    General Information

    Size
    1,750 SF
    Lot size
    1.42 Acres

    Source: SAB Agent Asher Wenig

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dunellen Retail Property For Sale

    This retail property is occupied by Starbucks, which recently extended their lease by almost 17 years, demonstrating a long-term commitment to the location. The lease now features over 15.5 years of primary term, significantly exceeding the standard 10-year term seen on most Starbucks leases. Importantly, this term comes without an early termination option. The property is located in a high-income area, with average household income exceeding $163,000 within a one-mile radius.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Dunellen Cafe, Mountain View Enterprises Inc, Daluca's Cafe

    Location Insight

    • Map
    • Local Demand
    City
    Dunellen
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4718201
    Latitude
    40.5892696

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    FAQs

    What type of property is this?
    Coffee shop - Retail property with long-term Starbucks lease in high-income area.
    Where is this coffee shop located?
    The property is located at 287 Rte 22 E Dunellen, NJ.
    What is the asking price?
    The asking price for this property is $4,070,000.
    What are key features of this property?
    This property features: - Starbucks recently extended their lease by almost 17 years, demonstrating a long-term commitment.; - The lease features over 15.5 years of primary term remaining, significantly exceeding the standard 10-year term.; - The lease has no early termination option.
    (646) 809-8856
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    287 Rte 22 E Dunellen, NJ
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    Dunellen, NJ
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    287 Rte 22 E Dunellen, NJ
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