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    2319 22 Union, NJ 07083

    For Lease
    $45 SF/Yr ($15,000 /Mo)

    4,000 SF Freestanding Retail Building

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4,000-square-foot freestanding retail building is ideally situated at 2319 Route 22 in Union, New Jersey, within Union County. The property boasts a highly visible location on a major thoroughfare, offering unparalleled exposure to a substantial volume of daily traffic. The single-tenant occupancy presents a unique opportunity for a business seeking a prominent and easily accessible location. The building sits on a generous 2-acre lot, providing ample space and potential for future expansion or outdoor amenities. With 100 parking spaces readily available, customer convenience is ensured. The property's classification as a freestanding retail building offers a distinct advantage, providing excellent visibility and independent branding opportunities. The building's 4,000 square feet of entirely vacant space presents a blank canvas for a prospective tenant to customize and design their ideal retail environment. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and efficient occupancy. The strategic location in Union, New Jersey, offers access to a robust consumer base and a thriving local economy. This property represents a rare opportunity to secure a prime retail space in a highly desirable location. The ample parking and significant visibility make this an exceptional investment for any business seeking to establish or expand its presence in the Union County market. The property is available for lease. The zip code is 07083.

    Property Features for 2319 22

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    15000

    Unit(s) available at that property

    Space
    Available space
    Size
    4,000 SF
    Rate per SF
    $45

    HighLights

    • High‑profile Chick‑fil‑A location.
    • Freestanding building with excellent visibility on Route 22, situated on a center island.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2917449
    Latitude
    40.6907151

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    FAQs

    What type of property is this?
    Individual retail property - 4,000 SF Freestanding Retail Building
    Where is this individual retail property located?
    The property is located at 2319 22 Union, NJ.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: High-profile Chick-fil-A location.; Freestanding building with excellent visibility on Route 22, situated on a center island.;
    Request Owner's contact information
    2319 22 Union, NJ 07083
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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
    2319 22 Union, NJ 07083
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