228 Us-22 Green Brook Township, NJ 08812
This exceptional sale-leaseback opportunity presents a 11,607-square-foot warehouse situated on a 5.5-acre lot in Green Brook Township, New Jersey. The property, located at 228 US-22, boasts a strong 7.00% capitalization rate and a Net Operating Income (NOI) of $216,000. Built in 1953 and completely renovated, this single-story building features a 16-foot ceiling height, one drive-in door, and ample parking with 28 spaces (2.41 spaces per 1,000 square feet). The property benefits from RHC zoning and enjoys excellent visibility and accessibility, situated in a high-traffic area with 59,900 vehicles passing daily. Its strategic location provides easy connectivity to major transportation arteries, making it an ideal investment for discerning buyers. The asking price for this well-maintained and strategically located warehouse is $3,086,000. This sale-leaseback arrangement offers a secure income stream and significant potential for future growth in a thriving commercial area. The property's size, location, and features make it a compelling investment opportunity.
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.