Retail Space in Shared
For Sale
Contact for pricing
260 Us Highway 22, Green Brook, NJ 08812
The landlord can divide the available area into suites sized to suit tenant requirements.
Property Size8,200 SF
Price / SF$0.60
Days on Market29
Property Features for 260 Us Highway 22
General Information
Standard status
Active
Size
8,200 SF
Additional Details
Anchor Co-Tenants
Mattress Firm
Taxes and HOA fees
Annual Taxes
$27,625
Listing Agency:
REALTY NETWORK
(908) 756-7373
Listed By:
ROBERT BERLANT
(908) 507-8911
Source:
Exprealty
Added: Sep 30
Changed: Oct 27
Last Checked: Oct 27 at 3:25AM
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 REALTY NETWORK
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is available within a building that also houses Mattress Firm. The 3,400-square-foot area can be divided by the landlord into smaller suites as needed.
The property is at 260 US Highway 22 in Green Brook, New Jersey.
The property is at 260 US Highway 22 in Green Brook, New Jersey.
Key Highlights
- 3,400 square feet of retail space
- Landlord can partition the space as needed
- Located in the same building as Mattress Firm
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,041
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,340,820
$2.3M
Cap Rate 7%
$1,672,014
$1.7M
Cap Rate 9%
$1,300,456
$1.3M
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$177.1K $21.60/SF
− Vacancy
−$9.9K −$1.21/SF
EGI
$167.2K $20.39/SF
− OpEx
−$50.2K −$6.12/SF
NOI
$117.0K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,340,820
Cap Rate 7%
$1,672,014
Cap Rate 9%
$1,300,456
Alternative Uses
Best Use
Retail
$1.67M
$1.46M – $1.95M
NOI $117,041 @ 7.0% cap · market cap 2,364.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,883 @ 7.0% cap · market cap 3,027.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 32%
Home Improvements & Furnishings 23%
Apparel 1%
Taco Bell
Dining
10,238 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,758 visits/mo
0.1 miles
Exxon
Shops & Services
7,686 visits/mo
0.1 miles
Empire Toyota Of Green Brook
Shops & Services
6,486 visits/mo
0.4 miles
Valero Energy
Shops & Services
4,721 visits/mo
0.3 miles
Demographics for 08812, NJ
14,593
Population
4,916
Households
3
Avg Household Size
40
Median Age
42%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,861
Density / Sq Mi
$119,534
Median Household Income
$50,266
Median Earnings
$1,557
Median Rent
$435,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The landlord can divide the available area into suites sized to suit tenant requirements.
Where is this retail space located?
The property is located at 260 Us Highway 22 Green Brook, NJ.
What are key features of this property?
This property features: 3,400 square feet of retail space; Landlord can partition the space as needed; Located in the same building as Mattress Firm
