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    OFF-MARKET
    Retail properties & Spaces

    2550 Rte 22, Union, NJ 07083

    5,300 SF 0.42 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 5,300 SF
    Lot 0.42 ac (18,295 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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