Drive-Thru Retail Redevelopment
For Lease
Contact for pricing
403 US-206, Hillsborough, NJ 08844
Redevelopment former bank site with rear access to Town Centre Drive for turn access onto Route 206.
Space Size4,450 SF
Days on Market392
Property Features for 403 US-206
General Information
Standard status
Active
Size
4,450 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
4,450 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
(732) 707-6900
Listed By:
Ryan Starkman, MBA
Source:
Moodyscre
Added: Oct 2, 2025
Changed: Oct 25
Last Checked: Oct 26 at 5:53PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a redevelopment opportunity at a former bank property in the Hillsborough retail corridor along Route 206. The site supports multiple concept plans, including a redevelopment design with an end-cap drive-thru and potential multi-division layout, as well as an alternative freestanding single-tenant drive-thru concept.
Access is provided from the rear via Town Centre Drive, which connects to a full turn traffic-controlled light onto Route 206.
Concept Plan A contemplates up to 9,200 SF with an end cap drive-thru and multiple divisions for consideration, while Concept Plan B outlines a freestanding single-tenant drive-thru option up to 4,450 SF. The redevelopment setting is described as serving a dense market drawn from the surrounding towns.
Access is provided from the rear via Town Centre Drive, which connects to a full turn traffic-controlled light onto Route 206.
Concept Plan A contemplates up to 9,200 SF with an end cap drive-thru and multiple divisions for consideration, while Concept Plan B outlines a freestanding single-tenant drive-thru option up to 4,450 SF. The redevelopment setting is described as serving a dense market drawn from the surrounding towns.
Key Highlights
- Redevelopment opportunity: former bank property along the Hillsborough retail corridor on Route 206
- Rear access to Town Centre Drive provides a full turn traffic‑controlled light onto Route 206
- Concept Plan A: up to 9,200 SF with an end cap drive‑thru and multiple divisions to be considered
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Redevelopment former bank site with rear access to Town Centre Drive for turn access onto Route 206.
Where is this retail space located?
The property is located at 403 US-206 Hillsborough, NJ.
What are key features of this property?
This property features: Redevelopment opportunity: former bank property along the Hillsborough retail corridor on Route 206; Rear access to Town Centre Drive provides a full turn traffic‑controlled light onto Route 206; Concept Plan A: up to 9,200 SF with an end cap drive‑thru and multiple divisions to be considered
