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    Rte 28 & I-287 Bridgewater Township, NJ 08807

    For Lease
    Contact for pricing

    Prime Somerset County retail space available.

    Lot size:
    241,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    The Bridgewater Promenade, a vibrant 241,884 square foot power center, presents a compelling investment opportunity in the thriving Bridgewater, New Jersey market. This multi-tenant property boasts a strategic location on Route 28, offering exceptional visibility and convenient access to I-287, ensuring high traffic flow and customer accessibility. Currently, there is 10,644 square feet of vacant retail space available, ideal for a variety of businesses seeking a prominent presence in this bustling area. The center features ample parking with 2262 spaces, ensuring convenient parking for both shoppers and employees. Situated in Somerset County, the property benefits from a strong local economy and a dense population base, providing a robust customer catchment area. This is an exceptional opportunity to secure a space within a well-established and successful retail center, benefiting from existing high foot traffic and brand recognition. The available space offers significant potential for growth and profitability within a thriving commercial environment. The property's size and location make it an attractive option for businesses seeking a high-profile location in a desirable market. Don't miss this chance to establish your business in this premier Somerset County retail destination.

    Property Features for 0 Rte 28 & I-287

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    241,884 SF

    Unit(s) available at that property

    Space
    Suite 00008
    Size
    10,644 SF

    HighLights

    • Retail property totaling 241,884 square feet.
    • Currently, 10,644 square feet of retail space is available.
    • Features 2,262 parking spaces.
    • Located in Somerset County, New Jersey.
    • Situated on Route 28 with convenient access to I‑287.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bridgewater Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5548
    Latitude
    40.5628

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    FAQs

    What type of property is this?
    Retail property - Prime Somerset County retail space available.
    Where is this retail property located?
    The property is located at Rte 28 & I-287 Bridgewater Township, NJ.
    What are key features of this property?
    This property features: Retail property totaling 241,884 square feet.; Currently, 10,644 square feet of retail space is available.; Features 2,262 parking spaces.
    Request Owner's contact information
    Rte 28 & I-287 Bridgewater Township, NJ 08807
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    Bridgewater Township, NJ 08807
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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
    Rte 28 & I-287 Bridgewater Township, NJ 08807
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