735 Promenade Blvd Bridgewater, NJ 08807
This exceptional 18,423-square-foot retail property, situated at 735 Promenade Blvd in Somerset County, presents a unique investment opportunity. Built in 1999, the single-story building currently houses a Pep Boys tenant under a long-term ground lease. The existing tenant occupies approximately 8,856 square feet (18,423 total - 9,567 vacant), continuing its tire and auto repair operations. A significant 9,567 square feet of vacant space is available for lease, offering considerable flexibility for a variety of uses. Ideal tenants could include medical facilities (dialysis, plasma centers), daycare centers (child or pet), discount retailers, furniture stores, hardware stores, or automotive businesses that don't directly compete with the existing Pep Boys operations (e.g., collision centers, auto glass repair, or specialized auto parts). The property boasts high visibility from all directions and ample parking, typically situated among other nationally recognized retailers. Space size can be customized to meet tenant needs, and cash allowances may be negotiated based on rental rates and return on investment. The property's location within a thriving retail corridor ensures high traffic and excellent exposure for prospective tenants.
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
Similar Nearby for Sale
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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.