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292 Highway 516
Old Bridge, NJ 08857
Property For Lease

PROPERTY FACTS

Property Type Retail
Property Subtype
Bar
  • General Retail Freestanding
Gross Leasable Area 5,245 SF
Parking Ratio 5.27/1,000 SF

ABOUT THE PROPERTY

Freestanding Former Restaurant/Club- Price Reduced PRICE RECENTLY REDUCED +/- 5,245 SF Former Restaurant/Club with Second Floor Office Space. Ownership is willing to discuss Terms and Conditions for use of the C-Consumption Liquor License. -61 Total Parking Spaces -Former Restaurant/Club had a Maximum Occupancy of 375 Asking Rent: $18.00 / SF NNN (Price Recently Reduced) Estimated NNN Charges are as follows: -OB Township MUA (Water & Sewer) is $800/Month -Real Estate Taxes: $16,110.50 / Year -NNN Charges: Approximately $4.90 / SF (Water/Sewer & Real Estate Taxes) -Building Insurance: TBD Based Upon Use -CAM: To be handled directly by Tenant -Building Insurance & CAM to be the responsibility of the tenant Located on highly traveled and easily accessible Highway 516 in Old Bridge, NJ. Highway 516 is an arterial roadway that connects Route 9 and Route 18 in Middlesex County. Highway 516 has an ideal mix of residential and commercial uses. Old Bridge is a growth market with several large residential projects already under construction.

  • Listing ID: 4253496

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 292 Highway 516, Old Bridge, NJ 08857

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