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176 Highway 202
Flemington, NJ 08822
Hunterdon Commons · Retail Property For Sale
Investment Highlights
- Value-Add Opportunity – Significantly Below Market Rents
- Priced at Only $86 Per Square Foot
- Located on US-202 – Over 46,000 Vehicles Per Day
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
60,000 SF
Building Class
B
Year Built/Renovated
1930/2017
Price
$6,834,700 CAD
Price Per SF
$113.91 CAD
Cap Rate
8.22%
NOI
$561,693 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
5.09 AC
Zoning
B-2 - Commercial Zoning
Parking
176 Spaces (2.93 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 21-00080-0000-00001 | Improvements Assessment | $3,459,965 CAD |
| Land Assessment | $1,410,285 CAD | Total Assessment | $4,870,250 CAD |
Property Taxes
Parcel Number
21-00080-0000-00001
Land Assessment
$1,410,285 CAD
Improvements Assessment
$3,459,965 CAD
Total Assessment
$4,870,250 CAD
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