Property summary
This exceptional commercial property, located at 2 JFK Boulevard, Units 1 & 4 in Somerset, New Jersey, offers a substantial 30,000 square feet of versatile space situated on a 3-acre lot. The property is ideally positioned across from Rutgers Plaza, a major shopping mall, ensuring high visibility and foot traffic. The building features an elevator for convenient access. A significant portion of the space includes a 1,600 square foot second-floor office location, perfect for a variety of business needs. The property's prime location offers excellent opportunities for retail or office use, benefiting from the high volume of shoppers and commuters in the area. The property's strategic placement next to a newly opened marijuana retail store presents a unique adjacency advantage, potentially attracting a specific clientele. This expansive property provides ample space for a wide range of commercial ventures, capitalizing on its exceptional location and convenient amenities. The asking price for this significant commercial opportunity is $16 million. This is a rare chance to acquire a substantial property in a high-demand location. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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