Property profile

1451 Nj-18 Old Bridge, NJ 08857

OFF-MARKET
Retail properties & Spaces
9,156 SF
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Property summary

AI-generated overview

This exceptional 1,247 square foot retail space is situated in Old Bridge, NJ, at 1451 Route 18. The property boasts a highly desirable location with over 300 feet of frontage on Route 18, ensuring maximum visibility for potential businesses. A freestanding pylon sign further enhances visibility to both northbound and southbound traffic. Its strategic location near a Walmart Supercenter provides significant foot traffic and convenient access for customers. The area benefits from a robust daytime population, significantly boosted by the proximity of Hackensack Meridian Health, employing over 2,200 individuals less than a mile away. Easy ingress and egress are facilitated by Route 18, with a crossover return to Route 18 North within 1,500 feet. The surrounding area is experiencing substantial residential growth, with over 700 new units expected within a 3-mile radius, creating a strong potential customer base for a variety of businesses. The property is ideally suited for restaurants, coffee shops, bakeries, salons, or dry cleaners. The total building size is 9,156 square feet, and this space is a single-tenant unit within a new construction building in Middlesex County. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,156 SF

Cap rate & NOI

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

Location

1451 Nj-18 Old Bridge, NJ 08857
Old Bridge metro
Google Maps

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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