147-151 Pierce St Somerset, NJ 08873
This exceptional 37,778 square foot retail center is situated on a 4.5-acre lot in the thriving business area of Somerset, New Jersey. Currently, one retail space is available, measuring 1,685 square feet. The property boasts a highly visible location at a signalized intersection, ensuring maximum exposure for your business. This successful retail center is located in the prestigious Somerset County, benefiting from a strong local economy and high traffic volume. The available space is ideal for a variety of retail uses and offers significant potential for growth. The asking rate is $24 per square foot, NNN. This represents a unique opportunity to establish or expand your business in a prime retail location within a well-established and successful commercial center. The property's size and location make it an attractive investment for businesses seeking high visibility and accessibility. The 4.5-acre lot provides ample parking and potential for future expansion. Don't miss this chance to secure a prominent space in a thriving Somerset County commercial hub. Contact us today to schedule a viewing and learn more about this exceptional 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
Similar Nearby for Lease
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.