942 US Highway 22
North Plainfield, NJ 07060
STNL Retail, Route 22 Corridor - New Jersey · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully occupied single-tenant retail building in Somerset and Union County's premier retail corridor.
- Strategically-located along US Highway 22, providing excellent exposure to over 52,000 average daily vehicles.
- Modified triple net lease at below market rent with one 5-year option, 3% annual increases, and minimal landlord responsibility.
- Nearby national tenants include Costco, CVS, TD Bank, McDonald’s, IHOP, Dollar Tree, Outback Steakhouse, Retro Fitness, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,500 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.71 AC
Zoning
B3
Parking
32 Spaces (1.42 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 14-00157-0000-00016 | Improvements Assessment | $81,200 |
| Land Assessment | $893,800 | Total Assessment | $975,000 |
