212-430-5260
481 US Highway 22, North Plainfield, NJ for Sale
Freestanding - FOR SALE
1/32
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481 US Highway 22
North Plainfield, NJ 07060


HIGHLIGHTS

  • Flexible vacant multi-tenant retail with an easily accessible location on a signalized intersection, ideal for both users and value-add investors.
  • Situated along North Plainfield’s main commercial artery near many traffic-driving retail brands, with visibility to over 65,000 daily vehicles.
  • Well-maintained interiors with plank flooring and large windows, and great curb appeal with signage opportunities and on-site parking for 22 cars.
  • Great commuter location, just 26 miles from New York City and 16 miles from Newark, with convenient access to mass transit.
  • Within one of the region’s most high-demand submarkets, with retail vacancies of just 2.9% and rent growth of 3% during the past 12 months.
  • Strong supporting demographics within 3 miles, with over 120K residents, avg household incomes over $123K, and consumer spending exceeding $1.4B.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Modern Multi-Tenant Retail with Lease Upside

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B3

APN/PARCEL ID

14-00006-04-00009

ASK ABOUT THIS PROPERTY

John HorowitzMarcus & MillichapMore Info
212-430-5260

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John HorowitzMarcus & MillichapMore Info
212-430-5260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.