966 US Highway 22 - Freestanding FOR SALE


Bridgewater, NJ 08807
$3,759,999 USD
732-232-4351
966 US Highway 22, Bridgewater, NJ for Sale
$3,759,999 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

966 US Highway 22
Bridgewater, NJ 08807


HIGHLIGHTS

  • Long-Term Lease
  • Attractive Rent Increases
  • Minimal Landlord Responsibilities
  • Strong Operator
  • Strategic Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, triple-net leased PM Pediatrics Urgent Care investment property located at 966 US Highway 22 in Bridgewater, New Jersey (the “Property”). PM Pediatrics Urgent Care has been at this location since it was constructed in 2020 and has over 13 years of term remaining followed by two (2), 5-year renewal options. The lease features attractive rent increases every five years throughout the primary lease term and the rent shall be set to Fair Market in each of the renewal options. The PM Pediatrics Urgent Care is strategically positioned at 966 US Highway 22 in the heart of Bridgewater Township, one of Central New Jersey's premier commercial and healthcare corridors. Located along heavily traveled US Highway 22, the Property enjoys exceptional visibility and accessibility with immediate connections to US Routes 202 and 206, Interstate 287, Interstate 78, and the Garden State Parkway, providing convenient access for families throughout Somerset, Hunterdon, Middlesex, Morris, and Union counties. This outstanding regional connectivity places the practice within one of New Jersey's most affluent and densely populated suburban markets while supporting a broad patient draw from surrounding residential communities. The US Highway 22 corridor is one of Bridgewater's primary commercial thoroughfares, characterized by a strong concentration of national retailers, medical providers, professional offices, hotels, and dining destinations.

FOR SALE DETAILS

PRICE

$3,759,999 USD

PRICE/SF

$730 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PM Pediatrics

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

GCM

APN/PARCEL ID

06-00200-0000-00002

ASK ABOUT THIS PROPERTY

Michael LombardiHorvath & TremblayMore Info
732-232-4351

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

Michael LombardiHorvath & TremblayMore Info
732-232-4351

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