Freestanding Retail on Route 36
1228-1242 Route 36
Hazlet, NJ 07730

For Sale $1,390,000
Status Current
Timothy Cadigan(732) 509-2839

Property Overview

Land SF/$ Per65,427 / $21.25
Acres/$ Per1.50 / $925,432.76
Property UseVacant Owner User
ZoningBusiness Highway
Parcel Number-
T, R, SHazle, -, -
Land Size1.502 acres
Bld SF/$ Per12,000 / $115.83
# of Buildings1
# of Stories1
Cap Rate-

Property Description

GREAT OPPORTUNITY to be in the middle of a sought after retail corridor on Route 36! Very Strong Demographics with an estimated household income of over $90,000 and approximately 70,000 people within a three mile radius. The lot is conforming to all minimum lot requirements for freestanding retail. Also willing to lease or ground lease.

Area Description

Within 1.5 miles of Exit 117 on the Garden State Parkway and 1 mile to Route 35.

Property Features

  1. Existing Building previously used as an automotive repair shop
  2. 300 feet of frontage on Route 36
  3. 35,000 car daily traffic count
  4. Vibrant retail corridor
  5. 1.5 miles to Exit 117 of the Garden State Parkway
  6. 1 mile to intersection of Route 35
  7. Property meets all minimum lot requirements for freestanding retail

Financial Overview

List Price$1,390,000.00
Down Payment-
Cap Rate-
Cash on Cash-
Financial Terms-
Consider Exchange-

Cash Flow

CF Type-
Scheduled Gross-
Effective Gross-
Operating Expenses-
Operating Income-
Debt Service-
Capital Costs-
Cash Flow (pre-tax)-

Debt Information

Debt Type-
Debt Service-
Interest Rate-
Loan Description-

General Property Information

Property UseVacant Owner User
Land SF65,427.120 sf
Land Acres1.502 acres
Building SF12,000
Bld SF/$ Per12,000 / $115.83
# of Buildings1
# of Stories1
Free StandingYes
Year Built-
Built YetYes
Building Class-
ZoningBusiness Highway
Parcel Number-
# Grade Dock Doors-
# Dock High Doors-
Parking Description-

Listing User

Timothy Cadigan
Timothy Cadigan CBRE (East Brunswick, NJ) (732) 509-2839 732-509-2880 (Fax)