130 And Meadowbrook Rd Robbinsville Township, NJ 08691
This exceptional mixed-use property, situated on a prominent 5.57-acre lot at the heavily trafficked intersection of Route 130 and Meadowbrook Road in Robbinsville Township, Mercer County, New Jersey, presents a compelling investment opportunity. The property boasts 40,000 square feet of approved commercial space, ideally suited for a variety of uses, including office, retail, medical, banking, or religious institutions. The building features 20,000 square feet of ground-floor retail space and an additional 20,000 square feet of office space on the second floor. Ample parking is provided with 123 spaces. The property is zoned OC-1 and is located on approximately 400 feet of Route 130/33 frontage, ensuring high visibility and accessibility. Approved in 2008, this property benefits from its location across the street from a Sharbell Development project constructing 176 new homes, promising a growing residential population and increased consumer traffic. The asking price is $4,150,000, translating to $68.75 per square foot. The property consists of two units and is available under a NNN lease structure. The occupancy date is July 1, 2021. This prime location and versatile space offer significant potential for long-term growth and profitability. The property's legal description is Block 10, Lot 22.01.
Cap rate
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Property description
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