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    990 Rte Branchburg, NJ 08876

    For Lease
    Contact for pricing

    Prime Retail Space Available in NJ

    Lot size:
    11,979 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, Towne Plaza, located at 990 Route 202 in Branchburg, New Jersey (zip code 08876), offers a fantastic opportunity for businesses seeking high-visibility locations in Somerset County. The 11,979 square foot strip center currently has 7,420 square feet of vacant space available, divisible into units ranging from a minimum of 960 square feet to a maximum contiguous space of 2,217 square feet. Five individual spaces are currently available for lease, providing flexibility for various retail concepts. The property boasts ample parking with 60 spaces available for customers and employees. Its strategic location on Route 202 ensures high traffic volume and excellent visibility, making it an ideal location to attract a substantial customer base. The property is classified as a multi-tenant retail space, offering a vibrant and diverse commercial environment. This is a prime opportunity to establish or expand your business in a thriving New Jersey market. Contact us today to learn more about leasing options and explore the possibilities this exceptional retail space offers.

    Property Features for 990 Rte

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,979 SF

    Unit(s) available at that property

    Space
    Suite 8
    Size
    1,783 SF
    Space
    Suite 4
    Size
    1,230 SF
    Space
    Suite 6
    Size
    960 SF
    Space
    Suite 7
    Size
    2,217 SF
    Space
    Suite 5
    Size
    1,230 SF

    HighLights

    • Recently renovated roof and new paved parking lot.
    • Stable retail property with a diverse tenant mix.
    • High visibility from Route 202.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Branchburg
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6891225
    Latitude
    40.566249

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in NJ
    Where is this neighborhood center located?
    The property is located at 990 Rte Branchburg, NJ.
    What are key features of this property?
    This property features: Recently renovated roof and new paved parking lot.; Stable retail property with a diverse tenant mix.; High visibility from Route 202.
    Request Owner's contact information
    990 Rte Branchburg, NJ 08876
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    Branchburg, NJ 08876
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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
    990 Rte Branchburg, NJ 08876
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