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    1288 Us-22 Bridgewater Township, NJ 08807

    Sponsored
    For Lease
    Contact for pricing

    Turn-key Restaurant with Liquor License

    Lot size:
    6,949 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    414
    This exceptional 6,949 square foot restaurant is available for lease in the thriving Bridgewater Township, New Jersey. Located at 1288 US-22, this single-tenant property boasts a prime location with high visibility and significant traffic flow. The building sits on a generous 1.881-acre lot, providing ample space and opportunity. A key advantage is the inclusion of a valuable liquor license, a significant asset for any restaurant operation. The property is offered as a turn-key operation, meaning it's ready for immediate occupancy and business commencement, minimizing setup time and costs for the new tenant. The extensive 293-space parking lot ensures convenient access for patrons and staff. Situated in Somerset County, this restaurant benefits from a strong local economy and a dense population base, creating a robust customer pool. The property's size and features make it ideal for a variety of restaurant concepts, from casual dining to upscale establishments. This is a rare opportunity to acquire a well-established and fully equipped restaurant in a highly desirable location. The property's significant parking capacity and convenient access further enhance its appeal. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is ready for a new chapter and awaits a visionary operator to take it to the next level. Contact us today to schedule a viewing.

    Property Features for 1288 Us-22

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,949 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,949 SF

    We can help!

    Listing Contact
    William Lenaz
    William Lenaz

    Learn more

    Property Insight Report

    HighLights

    • Turnkey restaurant space with existing liquor license.
    • High‑traffic location with ample parking.
    • Modern kitchen equipment included.
    • Excellent lease terms available.
    • Strong demographics and high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5785234
    Latitude
    40.5764776

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    FAQs

    What type of property is this?
    Restaurant - Turn-key Restaurant with Liquor License
    Where is this restaurant located?
    The property is located at 1288 Us-22 Bridgewater Township, NJ.
    What are key features of this property?
    This property features: Turnkey restaurant space with existing liquor license.; High-traffic location with ample parking.; Modern kitchen equipment included.
    Request Owner's contact information
    1288 Us-22 Bridgewater Township, NJ 08807
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    Bridgewater Township, NJ 08807
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1288 Us-22 Bridgewater Township, NJ 08807
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    We can help!
    Listing Contact
    William Lenaz
    William Lenaz
    Real Estate License ID: NJ 8641526
    Learn more
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