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Property profile & analytics
FOR LEASE
Commercial real estate

900 Easton Ave Somerset, NJ 08873

5,480 SF 13.66 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-1281302
Property summary
AI-generated overview

This exceptional retail opportunity presents itself in the thriving Somerset Village Shopping Center, located at 900 Easton Ave, Franklin Township, NJ 08873. The center boasts a total of 60,000 square feet of retail space, currently featuring five suites. A significant portion of the center, totaling 17,343 square feet, is currently available for lease, offering flexible space options to suit various business needs. Units range from a minimum of 975 square feet to a maximum contiguous space of 9,000 square feet, providing adaptability for a wide array of retail concepts. Ample parking is provided for customers and employees with 300 spaces available. The property is conveniently situated in Somerset County, offering excellent access to major transportation routes and a strong local customer base. This is an ideal location for businesses seeking high visibility and convenient access within a well-established shopping center. The property is classified as a multi-tenant shopping center, providing a vibrant and collaborative retail environment. This prime retail space presents a unique opportunity to establish or expand your business in a high-traffic area with significant potential for growth. Contact us today to learn more about leasing opportunities and explore the possibilities within Somerset Village Shopping Center.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Construction BRICK
Total area 5,480 SF
Lot 13.66 ac (595,160 SF)
Zoning code GB
APN 08 00385-0000-00003- 01
UPID US59-1281302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.10M
Owner & transaction history
Somerset Village Realty LLC · 2 yrs held
Somerset Village Realty LLC
since 2024
Last sale
$10.1M
5 recorded transactions
2024
$10.1M
2020
Price N/A
2005
$1
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GB · Somerset, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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