Retail Property on US
1262 W US Highway 22 Lebanon, NJ 08833
1262 W US Highway 22, Lebanon, NJ, 08833
$1,399,000
For Sale
$1,399,000
Retail property available on a well-traveled US Highway.
Property Size3,531 SF
Price / SF$396.21
Days on Market301
Property Features for 1262 W US Highway 22
General Information
- Standard status
- Active
- Size
- 3,531 SF
Building Details
- Year Built
- 1950
Listing Agency
(908) 878-9356
Listed by
John T McLain
(908) 878-9356
Source
Evrealestate
Added: Sep 20, 2025 Checked: Jul 10 at 3:55 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John T McLain
Investment Insights
Based on property information with market context.
This 3,531-square-foot commercial property is located at 1262 W US Highway 22 in Lebanon, Hunterdon County, New Jersey. The property is accessible from Route 78 West, Exit 24, with a left turn onto Route 523 and a right onto Route 22 West.
Key Highlights
- Location accessible from Route 78 via Route 523 and Route 22
- Multiple heating systems: Forced Air, Baseboard, Hot Water
- Heating fueled by Natural Gas and Oil
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.3k | $21.60 |
| − Vacancy | −$4.3k | −$1.21 |
| EGI | $72.0k | $20.39 |
| − OpEx | −$18.0k | −$5.10 |
| NOI | $54.0k | $15.29 |
3,531 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$771.4K
$675.0K – $900.0K
NOI $53,999 @ 7.0% cap · market cap 3.86%
Second Best
Retail
$720.0K
$630.0K – $840.0K
NOI $50,399 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$922.0K
$806.8K – $1.08M
NOI $64,541 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
FAQs
What type of property is this?
Gas station - Retail property available on a well-traveled US Highway.
Where is this gas station located?
The property is located at 1262 W US Highway 22 Lebanon, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Location accessible from Route 78 via Route 523 and Route 22; Multiple heating systems: Forced Air, Baseboard, Hot Water; Heating fueled by Natural Gas and Oil
