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HUNTERDON COMMONS - 176 Route 202, Flemington, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $5,500,000

  • 60,360

  • 6.56%

  • NOI :

  • Acres :

  • N/A

  • N/A

  • Property Type :

  • Property Status :

  • Retail

  • Under Agreement

Investment Highlights

  • 100% Occupied, +/- 56,360SF Shopping Center & Freestanding +/- 4,000SF Massage Parlor Located in Flemington, Hunterdon County, New Jersey
  • 12 Tenants – Staggered Lease Expirations – Mitigating Landlord Risk
  • Located on US-202 – 32,000 VPD – One of the Main Retail Corridors in Hunterdon County
  • Over 5 Acre Lot
  • Well Below Market Rents – Significant Upside Potential
  • Diverse Tenant Mix Catering to the Local Community
  • Low Price/SF – Priced Well Below Replacement Cost
  • New Roof & HVAC Units – Parking Lot Sealcoated and Restriped – All New LED Lights – No Deferred Maintenance
  • Affluent Demographics: Average Household Income Over $178,000 Within 1 Mile

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