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    315 Rte Hillsborough Township, NJ 08844

    For Lease
    Contact for pricing

    Prime Hillsborough location, 3,600 sq ft available.

    Lot size:
    328,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity is located at 315 Route 206 in Hillsborough Township, New Jersey, within the Hillsborough Promenade shopping center. The space totals 3,600 square feet and is immediately available for lease. The larger Hillsborough Promenade complex boasts a substantial 328,306 square feet of retail space, currently configured as a single suite. Ample parking is provided with 2,761 spaces available for customers and tenants. The property is situated in Somerset County, New Jersey, with a convenient zip code of 08844. The property taxes are $2.91 per square foot. This location offers high visibility and accessibility, making it ideal for a variety of retail businesses. The former restaurant space presents a unique opportunity for a business seeking a ready-made layout or a blank canvas for a custom design. The property's size and prominent location within a larger shopping center ensure high foot traffic and excellent exposure to potential customers. This is a rare opportunity to secure a significant retail space in a thriving New Jersey community. Interested parties should inquire promptly to secure this prime location.

    Property Features for 315 Rte

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    328,306 SF

    Unit(s) available at that property

    Space
    Suite 7
    Size
    3,600 SF

    HighLights

    • High‑traffic intersection with traffic signals.
    • Well‑located neighborhood shopping center.
    • Convenient access to major highways: I‑287 (5 miles), Route 202 (4 miles), and Route 22 (4 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Hillsborough Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6260318
    Latitude
    40.5155728

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Hillsborough location, 3,600 sq ft available.
    Where is this lifestyle center located?
    The property is located at 315 Rte Hillsborough Township, NJ.
    What are key features of this property?
    This property features: High-traffic intersection with traffic signals.; Well-located neighborhood shopping center.; Convenient access to major highways: I-287 (5 miles), Route 202 (4 miles), and Route 22 (4 miles).
    Request Owner's contact information
    315 Rte Hillsborough Township, NJ 08844
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    Hillsborough Township, NJ 08844
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 Rte Hillsborough Township, NJ 08844
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