Property profile

601 Us-206 Hillsborough Township, NJ 08844

OFF-MARKET
Retail properties & Spaces
8,750 SF
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Property summary

AI-generated overview

This 8,750-square-foot retail space is ideally situated at the signalized intersection of Route 206 and Amwell Road in Somerset County, boasting high traffic counts and multiple access points. The property is part of a ShopRite-anchored shopping center with a strong tenant mix including Fulton Bank, Pet Supplies Plus, Mathnasium, Verizon, Hallmark, an ice cream shop, and Atlantic Health. This prime location along Route 206, Hillsborough's main retail corridor, benefits from established national and local businesses, ensuring high visibility and foot traffic. Amwell Road access provides convenient access from nearby residential communities in Hillsborough and western Middlesex County, expanding the potential customer base. The surrounding area demonstrates strong demographics, with approximately 81,000 residents and a median income of approximately $122,000 within a 5-mile radius. This single-tenant space presents a unique opportunity for businesses seeking high visibility and access to a substantial consumer market in a thriving retail environment. The property offers excellent accessibility and visibility due to its location at a major intersection. The existing tenant mix provides a strong synergy for potential new businesses.

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,750 SF

Cap rate & NOI

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

Location

601 Us-206 Hillsborough Township, NJ 08844
Hillsborough Township 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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