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Hillsborough Office Building For Lease
For Lease
$5,900/Mo

408 Us Highway 206, Hillsborough, NJ 08844

Office building for lease in Hillsborough, New Jersey.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market202

Property Features for 408 Us Highway 206

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,103

Amenities

Central air
Asphalt Shingle Roof
2 Units Cooling
Forced Hot Air Heating
Off-Street Parking
Parking Lot-Exclusive

Building Details

Year Built 1958
Listing Agency: WEICHERT REALTORS
Listed By: JOHN KANABAY
Source: Corcoran
Added: Jan 22 Changed: Aug 8 Last Checked: Apr 5 at 11:20PM

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 WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This 2,824 square foot office building is available for lease. The lease is structured as gross, with the landlord covering taxes, structural maintenance, and lawn service. The tenant is responsible for utilities, HVAC maintenance, interior upkeep, trash removal, and snow removal. The landlord, who operates a wealth management firm, is open to partnering with businesses such as CPA or attorney offices, and other professional businesses with existing clients, potentially offering rent reductions.

Key Highlights

  • Gross Lease: Landlord covers taxes, structural maintenance, and lawn service.
  • Partnership Opportunity: Rent reductions available for businesses that can partner with the Landlord's Wealth Management Firm.
  • Potential for Free Rent: Partnership opportunities may lead to significantly reduced or free rent.

Property Analytics

Current Use

Office buildings

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

NNN (Triple Net)
Lease Type
$3.76 /SF/Yr
CAM

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building for lease in Hillsborough, New Jersey.
Where is this office building located?
The property is located at 408 Us Highway 206 Hillsborough, NJ.
What is the lease rate?
The lease rate is $5,900/Mo.
What are key features of this property?
This property features: Gross Lease: Landlord covers taxes, structural maintenance, and lawn service.; Partnership Opportunity: Rent reductions available for businesses that can partner with the Landlord's Wealth Management Firm.; Potential for Free Rent: Partnership opportunities may lead to significantly reduced or free rent.
More about this property
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