690 State Rte 18 Hwy East Brunswick, NJ 08816
This exceptional 8,500 square foot freestanding retail building is situated on a highly visible stretch of State Route 18 in East Brunswick, New Jersey, boasting 71 dedicated parking spaces. The property, zoned HC2 (Highway Commercial), offers a wide-open, fully customizable floor plan, perfect for a variety of uses including retail, medical, or professional services. Recent renovations include a new roof (2023), HVAC system, and parking lot (2020). The building features separate bathrooms and utility rooms in the rear. A large pylon sign ensures high visibility. The property's strategic location between Arthur Street and Racetrack Road provides easy access to public transportation, NJTP Exit 9, the GSP, and is minutes from Brunswick Square Mall. Strong neighboring businesses include Starbucks, Aldi, Burlington Coat Factory, and more. The potential exists to divide the space for two users. The asking price is $24 per square foot, NNN, with annual real estate taxes of $41,500. The 1.4-acre lot and single-tenant occupancy make this a compelling investment opportunity. This property is located at 690 State Route 18 Highway, East Brunswick, NJ 08816. The APN is 040009000000000205.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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