1640 Rte 22 & Terrill Rd Watchung, NJ 07069
Heritage Square, located at 1640 Route 22 & Terrill Road in Watchung, New Jersey (zip code 07069), offers a prime retail opportunity within a well-established shopping center in Somerset County. This property encompasses a total of 126,690 square feet and features two available suites. The minimum leasable space is 1,210 square feet, while the maximum contiguous space available is 1,217 square feet. A total of 2,427 square feet is currently vacant, presenting a unique chance for businesses seeking immediate occupancy. The property boasts ample parking with 200 spaces available for customers and employees. The property is classified as a multi-tenant shopping center, providing a vibrant and established retail environment. The convenient location on Route 22 and Terrill Road ensures high visibility and accessibility for potential customers. This is an exceptional opportunity for businesses seeking a well-located retail space in a thriving New Jersey community. The property is categorized as Retail and is ideal for a variety of retail uses. Interested parties should inquire about lease terms and availability.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.