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2 Commerce Blvd
Succasunna, NJ 07876
Citizen’s Bank Ground Lease + Approved Pad · Retail Property For Sale
Investment Highlights
- Land opportunity with ground lease in place and potential for retail development on pad site which has utilities to site.
- Retail dense corridor features big names like Walmart, The Home Depot, McDonald’s, Petco, Ulta Beauty, ShopRite, Planet Fitness, and more.
- Nearby population is impressive and growing with a high spending power and majority owner-occupied households.
- There are approvals for a 8,375-square-foot pad site and new ownership can enjoy steady cash-flow from ground lease.
- Perfectly placed just off Route 10, a major retail corridor that sees lofty traffic counts of over 26,000 vehicles per day.
- The property boasts access to three state highways that lead to New York City: Route 10, 46, and 80.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,241 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.14 AC
Parcel Number
36-05002-0000-00003-02
Zoning
B-2 - ·Zoning: B-2
·Zoning Map: Township-Zoning-Map
·Zoning Code: https://ecode360.com/34591081
Parking
55 Spaces (6.57 Spaces per 1,000 SF Leased)
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