1010 Us-202 Branchburg, NJ 08876
- Lifestyle centers
- 8,250 SF
- 1.15 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1010 Us-202
- Year built
- 1968
- Lot size
- 1.15 lot acres
- Property size
- 8,250 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 8,250 square foot shopping center, located at 1010 US-202 in Branchburg, New Jersey (08876), presents a lucrative investment opportunity. Built in 1968 and extensively renovated in 2022, the property boasts 100% occupancy across six tenants, generating a strong net operating income (NOI) of $194,000 and a 6.93% capitalization rate. The asking price is $2,800,000, translating to $339.39 per square foot. Situated on a 1.15-acre lot, the single-story building offers 35 parking spaces. The property features rent bumps, ensuring future income growth. The zoning allows for expansion
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Branchburg
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6912
- Latitude
- 40.5654