Search
Redevelopment Drive-Through Retail Site
For Lease
Contact for pricing

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 Market391

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
403 US Highway 206 AVAILABLE, Now
Floor 1
Size 9,200 SF
Type RETAIL
Rate Contact for pricing
Sublease No
• New redevelopment opportunity in the heart of the Hillsborough retail corridor along Route 206 • Rear access to Town Centre Drive, which leads to a full turn traffic-controlled light onto Route 206 • Multiple opportunities for redevelopment of a former bank property - Concept Plan A – Up to 9,200 SF with an end cap drive-thru and multiple divisions to be considered - Concept Plan B – Freestanding single tenant drive-thru up to 4,450 SF • Dense market pulling from vast area of surrounding towns with a residential population of approximately 81,000 people and strong median incomes of approximately $122,000 within 5 miles
Contact us
Listing Agency: Pierson Commercial Real Estate
Listed By: Ryan Starkman, MBA
Source: Moodyscre
Added: Oct 2, 2025 Changed: Oct 25 Last Checked: Oct 26 at 1:23PM

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

Rey
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.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved