Property profile

2365 Rte Union, NJ 07083

OFF-MARKET
Retail properties & Spaces
35,962 SF 4.6 ac lot
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Property summary

AI-generated overview

This exceptional retail property, located at 2365 Route 22 in Union, New Jersey, offers 35,962 square feet of commercial space in a multi-tenant building. Currently, 2,200 square feet of retail space is available for lease, presenting a fantastic opportunity for a business seeking high visibility and convenient access. The property boasts ample parking with 130 spaces, ensuring customer convenience. Situated on a generous 4.6-acre lot in Union County, this location benefits from significant traffic flow along Route 22, a major thoroughfare. The property's classification as a retail space makes it ideal for a variety of businesses. The building's substantial size and available space provide flexibility for various retail concepts. The strategic location in Union, NJ, offers easy access to a large customer base and excellent regional connectivity. This is a prime opportunity to establish or expand a retail presence in a thriving commercial area. The property's size, parking, and location combine to create a compelling offering for businesses seeking a high-impact retail space in a desirable New Jersey market. The zip code is 07083.

Property profile

Verified
Property type Retail properties & Spaces
Total area 35,962 SF
Lot 4.6 ac (200,376 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2365 Rte Union, NJ 07083
Union metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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