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Efinger Plaza - 509-513 West Union Avenue, Bound Brook, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $9,500,000

  • 54,461

  • 7.63%

  • NOI :

  • Acres :

  • $725,320

  • 2.90

  • Property Type :

  • Property Status :

  • Retail

  • Available

Investment Highlights

  • 96% Occupied, +/- 53,711 SF Shopping Center in Bound Brook, Somerset County, New Jersey
  • Anchored By Goodwill & Dollar General (S&P Rated BBB)  
  • Most Tenants Operating on Net Leases – Minimal Landlord Responsibility
  • Extensive Renovations Completed in Recent Years
  • Upside Opportunity in Renting Remaining Vacant Unit
  • Located on Union Avenue – Over 21,000 VPD
  • Easy Access To Route 22 and I-287
  • Nearby National Tenants Include: Costco, Whole Foods, ShopRite, AutoZone, Dunkin', The Home Depot, Target, Walgreens, Chase & UPS
  • Solid Demographics: 153,000 People With an Average Household Income of Over $138,000 Within 5 Miles