Turn-Key Retail Storefront
For Sale
Contact for pricing
601 Buena Pkwy, Bridgewater, NJ 08807
Turn-key retail space available for sale, offering 4,500 SF of ready-to-occupy storefront configuration.
Property Size4,500 SF
Price / SF$287.18
Days on Market496
Property Features for 601 Buena Pkwy
General Information
Standard status
Active
Size
4,500 SF
Property subtype
RETAIL
Listing Agency:
Jeffery Realty
(908) 668-9600
Listed By:
Kyle Goworek · License #2298874
(201) 978-1770
Source:
Moodyscre
Added: May 5, 2025
Changed: Sep 2
Last Checked: Sep 12 at 7:33AM
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 Jeffery Realty
Investment Insights
Based on property information with market context.
This for-sale retail property is described as a turn-key storefront space, with available area of 4,500 square feet. The listing indicates the property is ready for occupancy as presented, supporting an efficient move-in for qualified tenants or buyers.
Located at 601 Buena Pkwy in Bridgewater, New Jersey, the space is offered as a retail opportunity in a fixed size footprint. The property is currently listed as available and positioned as a retail turn-key offering for buyers seeking a ready-to-operate storefront configuration.
Because the listing information provided is limited to the property type, turn-key condition, and available size, prospective buyers should confirm all additional building details and any operating specifications directly with the broker.
Located at 601 Buena Pkwy in Bridgewater, New Jersey, the space is offered as a retail opportunity in a fixed size footprint. The property is currently listed as available and positioned as a retail turn-key offering for buyers seeking a ready-to-operate storefront configuration.
Because the listing information provided is limited to the property type, turn-key condition, and available size, prospective buyers should confirm all additional building details and any operating specifications directly with the broker.
Key Highlights
- Turn‑key retail space for sale with 4,500 SF of ready‑to‑occupy storefront configuration
- Available 4,500 SF retail space
- For sale—price available by quote
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,230
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,284,600
$1.3M
Cap Rate 7%
$917,571
$917.6K
Cap Rate 9%
$713,667
$713.7K
Market Conditions
NOI Build-Up for 4,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$97.2K $21.60/SF
− Vacancy
−$5.4K −$1.21/SF
EGI
$91.8K $20.39/SF
− OpEx
−$27.5K −$6.12/SF
NOI
$64.2K $14.27/SF
Area
Somerset 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,284,600
Cap Rate 7%
$917,571
Cap Rate 9%
$713,667
Alternative Uses
Best Use
Retail
$917.6K
$802.9K – $1.07M
NOI $64,230 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,253 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 08807, NJ
39,299
Population
14,302
Households
2.7
Avg Household Size
43
Median Age
61%
College-Educated
95%
High-School Grad
25.5 sq mi
ZIP Area
1,541
Density / Sq Mi
$165,983
Median Household Income
$79,480
Median Earnings
$2,092
Median Rent
$562,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Turn-key retail space available for sale, offering 4,500 SF of ready-to-occupy storefront configuration.
Where is this retail space located?
The property is located at 601 Buena Pkwy Bridgewater, NJ.
What is the asking price?
The asking price for this property is $1,292,307.
What are key features of this property?
This property features: Turn‑key retail space for sale with 4,500 SF of ready‑to‑occupy storefront configuration; Available 4,500 SF retail space; For sale—price available by quote
