2550 Rte 22, Union, NJ 07083
This exceptional investment opportunity presents a 5,300 square foot freestanding retail building situated on a 0.42-acre lot at 2550 Route 22 East in Union, New Jersey (zip code 07083). The property boasts a long-term NNN lease with ayr wellness, ensuring a stable and predictable income stream. This prime location benefits from exceptional visibility and accessibility, situated directly on Route 22 East, a major thoroughfare experiencing over 80,000 vehicles daily. The building's 5,300 square feet provide ample space for the current tenant, and the strong market rent ensures a healthy return on investment. The property is classified as retail and is offered as a NNN (Net, Net, Net) lease investment. Its location in Union County, New Jersey, provides access to a robust consumer base and a thriving commercial environment. This is an ideal opportunity for investors seeking a stable, high-traffic retail investment in a desirable New Jersey location. The property's size and location make it an attractive asset with significant long-term potential. The existing lease provides immediate cash flow, minimizing vacancy risk and maximizing return. This is a turnkey investment ready for immediate ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.