315 Rte Hillsborough Township, NJ 08844
This exceptional retail opportunity is located at 315 Route 206 in Hillsborough Township, New Jersey, within the Hillsborough Promenade shopping center. The space totals 3,600 square feet and is immediately available for lease. The larger Hillsborough Promenade complex boasts a substantial 328,306 square feet of retail space, currently configured as a single suite. Ample parking is provided with 2,761 spaces available for customers and tenants. The property is situated in Somerset County, New Jersey, with a convenient zip code of 08844. The property taxes are $2.91 per square foot. This location offers high visibility and accessibility, making it ideal for a variety of retail businesses. The former restaurant space presents a unique opportunity for a business seeking a ready-made layout or a blank canvas for a custom design. The property's size and prominent location within a larger shopping center ensure high foot traffic and excellent exposure to potential customers. This is a rare opportunity to secure a significant retail space in a thriving New Jersey community. Interested parties should inquire promptly to secure this prime location.
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
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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.