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    233 Us-22 Green Brook Township, NJ 08812

    For Lease
    Contact for pricing

    High-visibility retail space, ground lease opportunity.

    Lot size:
    31,363 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.72-acre retail property, located at 233 US-22 in Green Brook Township, New Jersey (zip code 08812), presents a prime redevelopment opportunity. Situated on Route 22, it boasts excellent visibility and accessibility for potential tenants. The property is currently configured as a single-tenant retail space, ideal for a convenience store, restaurant, fast-food establishment, or coffee shop with a drive-thru. The ground lease structure offers flexibility for investors and developers. Somerset County's strong demographics and robust economy make this location particularly attractive. The property's size and location make it suitable for a variety of uses, particularly those benefiting from high traffic counts and convenient access. The annual property taxes are substantial, reflecting the prime location and potential for high returns. This is a rare opportunity to acquire a highly visible retail site in a thriving New Jersey market. Serious inquiries are encouraged. Further details regarding lease terms and conditions are available upon request.

    Property Features for 233 Us-22

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,363 SF

    Unit(s) available at that property

    Space
    Size
    31,363 SF

    HighLights

    • 0.72‑acre retail property at 233 US‑22, Green Brook Township, NJ (08812).
    • Excellent visibility and accessibility on Route 22.
    • Currently a single‑tenant retail space, suitable for various uses including drive‑thru options.
    • Ground lease offers investor/developer flexibility.
    • Strong Somerset County demographics and economy.
    • High property taxes reflect prime location and high return potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Green Brook Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4873003
    Latitude
    40.5972724

    Nearby Comparable

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    Nearby Similar for Lease

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      Route 22 Retail Space - Green Brook

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    FAQs

    What type of property is this?
    Restaurant - High-visibility retail space, ground lease opportunity.
    Where is this restaurant located?
    The property is located at 233 Us-22 Green Brook Township, NJ.
    What are key features of this property?
    This property features: 0.72-acre retail property at 233 US-22, Green Brook Township, NJ (08812).; Excellent visibility and accessibility on Route 22.; Currently a single-tenant retail space, suitable for various uses including drive-thru options.
    Request Owner's contact information
    233 Us-22 Green Brook Township, NJ 08812
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    233 Us-22
    Green Brook Township, NJ 08812
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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
    233 Us-22 Green Brook Township, NJ 08812
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