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Big Chicken Restaurant Space
For Sale
$499,999

640 Commons Way, Bridgewater, NJ 08807

Commercial Sale, Bridgewater, NJ

Property Size2,364 SF
Price / SF$211.51
Days on Market53

Property Features for 640 Commons Way

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Rooms Basement
Parking features Parking Lot, On Street, Guest
Security features Security System
Directions Use GPS
Standard status Active
Size 2,364 SF

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Listing Agency: Serhant New Jersey LLC
Listed By: Ron Ison · License #1646527
Added: Aug 19 Changed: Oct 2 Last Checked: Oct 10 at 9:06AM
MLS# 22626028

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a 2,364-square-foot restaurant space at The Village at Bridgewater Commons. The sale includes the Big Chicken concept and approved licensing rights for five additional locations. Existing building systems include forced-air heating and central air conditioning, while the premises are served by public water and public sewer.

Located at 640 Commons Way in Bridgewater, New Jersey, the restaurant is positioned within a retail setting and offers access to parking through a lot, guest spaces, and on-street parking. A basement is also included in the building configuration.

Key Highlights

  • 2,364‑square‑foot restaurant space
  • Big Chicken concept included in the sale
  • Approved licensing rights for five additional locations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,152
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,040 $723.0K
Cap Rate 7%
$516,457 $516.5K
Cap Rate 9%
$401,689 $401.7K
Market Conditions
NOI Build-Up for 2,364 SF
Gross rent
$51.1K $21.60/SF
− Vacancy
−$2.9K −$1.21/SF
EGI
$48.2K $20.39/SF
− OpEx
−$12.1K −$5.10/SF
NOI
$36.2K $15.29/SF
Area
Somerset County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,040
Cap Rate 7%
$516,457
Cap Rate 9%
$401,689

Alternative Uses

Best Use
Specialty Retail
$516.5K
$451.9K – $602.5K (±1% cap)
NOI $36,152 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$482.0K
$421.8K – $562.4K (±1% cap)
NOI $33,742 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$617.3K
$540.1K – $720.2K (±1% cap)
NOI $43,210 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Big Chicken Restaurant The Village at Bridgewater Commons Shopping Center & Mall Sarku Japan Restaurant

Suggested Use

Top Pick Real Estate Agency Garden Center Big Box & Wholesale Store Storage Facility Auto Parts Store Hotel & Motel

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby
427k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Apparel 33% Shops & Services 3% Hotels & Casinos 2%
Macy's Apparel
139,879 visits/mo 0.3 miles
The Cheesecake Factory Dining
45,093 visits/mo 0.4 miles
Redstone American Grill Dining
28,444 visits/mo 0.4 miles
McDonald's Dining
27,866 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
25,070 visits/mo 0.1 miles

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
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?
Conventional restaurant - Restaurant opportunity with approved licensing rights for five additional locations and public utilities serving the premises.
Where is this conventional restaurant located?
The property is located at 640 Commons Way Bridgewater, NJ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 2,364‑square‑foot restaurant space; Big Chicken concept included in the sale; Approved licensing rights for five additional locations
More about this property
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