Freestanding Bank Branch with
698 US-202 Flemington, NJ 08822
698 US-202, Flemington, NJ, 08822
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Fee simple sale of an Investors Bank branch with a multi-lane drive-thru and strong highway access.
Days on Market101
Property Features for 698 US-202
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
CBRE - Saddle Brook
Listed by
Karly Iacono · License #NY 10401274993
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 4:47AM Checked: Jul 21 at 4:47AM
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 CBRE - Saddle Brook
Investment Insights
Based on property information with market context.
This fee simple investment features an Investors Bank branch subject to an absolute net lease with approximately seven years remaining on the firm term and four five-year options. The lease provides for 7% rental increases every five years, with the next rent increase scheduled for 2023.
The property is positioned along Route 202 with a traffic count of more than 39,000 vehicles per day. Three drive-thru lanes and multiple points of ingress and egress support high-volume customer access. Nearby national retailers include Wawa, CVS, Costco, Walmart, and Lowe’s.
The location is described as a strong performing branch with deposits exceeding $121 million. Investors Bank is a full-service community bank serving customers since 1926 and operates a network of 150+ locations across New Jersey and New York.
The property is positioned along Route 202 with a traffic count of more than 39,000 vehicles per day. Three drive-thru lanes and multiple points of ingress and egress support high-volume customer access. Nearby national retailers include Wawa, CVS, Costco, Walmart, and Lowe’s.
The location is described as a strong performing branch with deposits exceeding $121 million. Investors Bank is a full-service community bank serving customers since 1926 and operates a network of 150+ locations across New Jersey and New York.
Key Highlights
- Fee simple investment: Investors Bank branch in Flemington, NJ
- Absolute net lease with approximately seven years of firm term plus four 5‑year options
- Lease provides 7% rental increases every five years; next rent increase occurs in 2023
Property Analytics
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FAQs
What type of property is this?
Bank - Fee simple sale of an Investors Bank branch with a multi-lane drive-thru and strong highway access.
Where is this bank located?
The property is located at 698 US-202 Flemington, NJ.
What are key features of this property?
This property features: Fee simple investment: Investors Bank branch in Flemington, NJ; Absolute net lease with approximately seven years of firm term plus four 5‑year options; Lease provides 7% rental increases every five years; next rent increase occurs in 2023