High-Visibility Retail
643 Georges Rd North Brunswick, NJ 08902
643 Georges Rd, North Brunswick, NJ, 08902
$2,750,000
For Sale
$2,750,000
Two high-visibility retail buildings on one lot, with one 2025-built property and both currently fully leased.
Property Size9,999 SF
Price / SF$275.03
Days on Market64
Property Features for 643 Georges Rd
General Information
- Standard status
- Active
- Size
- 9,999 SF
Listing agency
EXP REALTY, LLC
(732) 241-5921
Listed by
YA YUAN LIEN
(732) 241-5921
Source
Exprealty
Added: May 19 Updated: Jul 21 at 6:22AM Checked: Jul 21 at 6:22AM
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 EXP REALTY, LLC
Investment Insights
Based on property information with market context.
This offering features two high-visibility retail buildings on a single lot. 649 Georges is a brand-new building constructed in 2025, and it is currently fully occupied. 643 Georges is also fully occupied with long-time steady tenants and escalating rents.
The properties are located at 643 Georges Rd and 649 Georges Rd in North Brunswick, New Jersey, presented as a combined package on one lot for ease of ownership. The seller is marketing the assemblage for buyers interested in a 1031 Exchange, as well as investors.
The buildings are being offered for sale as a leased retail investment. The seller notes that owner financing may be available to a well-qualified buyer.
The properties are located at 643 Georges Rd and 649 Georges Rd in North Brunswick, New Jersey, presented as a combined package on one lot for ease of ownership. The seller is marketing the assemblage for buyers interested in a 1031 Exchange, as well as investors.
The buildings are being offered for sale as a leased retail investment. The seller notes that owner financing may be available to a well-qualified buyer.
Key Highlights
- Two high‑visibility retail buildings on one lot
- 2025‑built building at 649 Georges
- Both buildings are currently fully leased
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $21.60 |
| − Vacancy | −$12.1k | −$1.21 |
| EGI | $203.9k | $20.39 |
| − OpEx | −$61.2k | −$6.12 |
| NOI | $142.7k | $14.27 |
9,999 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.04M
$1.78M – $2.38M
NOI $142,719 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,766 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two high-visibility retail buildings on one lot, with one 2025-built property and both currently fully leased.
Where is this storefront property located?
The property is located at 643 Georges Rd North Brunswick, NJ.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Two high‑visibility retail buildings on one lot; 2025‑built building at 649 Georges; Both buildings are currently fully leased
