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268-270 NJ-18
East Brunswick, NJ 08816
NNN Investment in East Brunswick NJ · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Heavy day time traffic
  • US Highway 18 Exposure
  • Close to other major national and regional retailers
  • NNN investment from credible tenants

EXECUTIVE SUMMARY

Two long-standing stable tenants.
Leslie Pools (+/- 5,000 SF) 37 years at this location (+/- 1,000 locations).
Best Tile (+/- 8,400 SF) 10 years at this location (+/- 25 locations).
Ideal Property for 1031 Exchange with high cap rate
Both buildings have loading-doors.
Two free-standing pylon signs on the property.
One of the most well-traveled highways in NJ with +/- 70,000 cars passing daily.
Property has access at jughandle.
1.2 miles from Turnpike Exit-9 and 1.8 miles from US Hwy 1.
Strong demographics in the area.
Surrounded by national and regional retailers

Principals Only.
Call 732-735-1313

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
13,400 SF
Building Class
C
Year Built
1948
Price
$5,219,736 CAD
Price Per SF
$389.53 CAD
Cap Rate
6.21%
NOI
$323,908 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.89 AC
Zoning
HC2 - Commercial
Parking
33 Spaces
Frontage
329’ on New Jersey 18

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00027-0000-00001-28
Land Assessment
$131,884 CAD
Improvements Assessment
$496,734 CAD
Total Assessment
$628,618 CAD
  • Listing ID: 29725654

  • Date on Market: 2023-10-06

  • Last Updated:

  • Address: 268-270 NJ-18, East Brunswick, NJ 08816

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