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Redevelopment Drive-Through Retail Site
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403 US-206, Hillsborough, NJ 08844

Former bank property offering redevelopment concepts including an end-cap drive-through with multiple divisions or a freestanding drive-through.

Space Size9,200 SF
Days on Market346

Property Features for 403 US-206

General Information

Standard status Active
Size 9,200 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Spaces For Lease

at 403 US-206 Contact us

403 US Highway 206

Floor
1
Size
9,200 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• New redevelopment opportunity in the heart of the Hillsborough retail corridor...
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Listing Agency: Pierson Commercial Real Estate
Listed By: Ryan Starkman, MBA
Source: Moodyscre
Added: Oct 2, 2025 Changed: Sep 2 Last Checked: Sep 11 at 12:43PM

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 Pierson Commercial Real Estate

Investment Insights

Based on property information with market context.

Redevelopment opportunity at a former bank site in the Hillsborough retail corridor along Route 206, offering multiple development paths for an owner-occupant or qualified tenant. Concept Plan A considers up to 9,200 SF with an end-cap drive-through and multiple divisions to be considered. Concept Plan B contemplates a freestanding single-tenant drive-through up to 4,450 SF.

The site provides rear access to Town Centre Drive, which connects to a full turn traffic-controlled light onto Route 206, supporting convenient ingress and egress for drive-through operations.

The property is positioned to draw from a dense surrounding market, with a residential population of approximately 81,000 people and strong median incomes of approximately $122,000 within 5 miles.

Key Highlights

  • Redevelopment opportunity along the Hillsborough retail corridor on Route 206
  • Rear access to Town Centre Drive with a traffic‑controlled light onto Route 206
  • Concept Plan A: up to 9,200 SF with an end cap drive‑thru and multiple divisions

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Auto Parts Store Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 08844, NJ

43,333
Population
16,168
Households
2.7
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
55.2 sq mi
ZIP Area
785
Density / Sq Mi
$153,785
Median Household Income
$74,977
Median Earnings
$2,171
Median Rent
$537,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Former bank property offering redevelopment concepts including an end-cap drive-through with multiple divisions or a freestanding drive-through.
Where is this bank located?
The property is located at 403 US-206 Hillsborough, NJ.
What are key features of this property?
This property features: Redevelopment opportunity along the Hillsborough retail corridor on Route 206; Rear access to Town Centre Drive with a traffic‑controlled light onto Route 206; Concept Plan A: up to 9,200 SF with an end cap drive‑thru and multiple divisions
(732) 707-6900 Call to check price and availability
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