513 Route 22 W - Freestanding FOR SALE


North Plainfield, NJ 07060
$1,807,179 USD
908-770-6778
513 Route 22 W, North Plainfield, NJ for Sale
$1,807,179 USD
Freestanding - FOR SALE
1/14
null | 7.5% Cap Rate

513 Route 22 W
North Plainfield, NJ 07060


HIGHLIGHTS

  • 513 Route 22 W, currently home to Batter Plus Bulbs and Cloud Nine Dispensary, will be a single-tenant retail storefront in February 2026.
  • The site has easily accessible ingress and egress point off US 22, which sees more than 56,700 vehicles passing daily.
  • Cloud Nine Dispensary will take over the entire 3,344-square-foot building with annual 3% annual rental increases.
  • There is plenty of parking on-site, as well as prominent building signage.

OVERVIEW

This 3,344-square-foot single-tenant retail building, situated on 0.62 acres with 37 parking stalls, offers a prime investment opportunity in a dense in-fill market within the New York DMA. Batteries Plus Bulbs will vacate in February 2026, with Cloud Nine Dispensary already signed to take over 100% of the building under a new lease. The property features a stable tenant profile with annual 3% rental increases, ensuring long-term income growth in a highly desirable location. Cloud Nine Dispensary LLC is a licensed retail cannabis dispensary operating in North Plainfield, New Jersey since November 2023. As the borough’s only dispensary, Cloud Nine has quickly established itself as a successful and community-focused business. Backed by unanimous town council approval and strong ties to local institutions—including partnerships with the police and fire departments—the dispensary has built a loyal customer base through exceptional employee retention and community outreach, maintaining a 100% staff retention rate since opening.

FOR SALE DETAILS

PRICE

$1,807,179 USD

PRICE/SF

$532 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,212 SF

ZONING

Commercial

APN/PARCEL ID

14-00006-04-00007

ASK ABOUT THIS PROPERTY

Tyler BennettBennett Realty & DevelopmentMore Info
908-770-6778

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

Tyler BennettBennett Realty & DevelopmentMore Info
908-770-6778

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