509 - 513 w. union avenue, bound brook, nj...licensed real estate broker william p. ray, senior vice...

EFINGER PLAZA • +/- 5,000 to +/- 21,500 SF509 - 513 W. Union Avenue, Bound Brook, NJ Perfect for Omnichannel Retail SiteFEATURES:

FOR SALE:

$9,850,000

FOR LEASE: $19 - $24.50 PSF NNN

2nd Fl: TBD

AVAILABLE:+/- 5,000 SF to+/- 21,500 SF

2nd Fl Mezzaine: +/- 21,500 SF

ANNUAL TAXES: $6.04 PSF

INSURANCE: $0.50 PSF

CAM: $2.00 PSF

+/-2.9 ACRES

All information is from a source deemed reliable, however no representation, expressed or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omission, change of price, rental or other conditions imposed by our principals.

Licensed Real Estate Broker

William P. Ray,Senior Vice President

Office: 732.204.1123 Cell: 908.581.6267

[email protected]

FOR DETAILS:

PRICE REDUCTION!

EFINGER PLAZA – 509 - 513 W. UNION AVE., BOUND BROOK, NJ

Somerset County is widely recognized as one of the New Jersey’s most prosperous regions in the state. The county contains over 14,000 businesses that include some of the world’s largest companies maintaining corporate offices and headquarters in the immediate area such as Pfizer, Johnson & Johnson, Schering Plough, Aventis, AT&T, Lucent, Verizon and Chubb. Recreational activities include Bridgewater Commons, one of the most prosperous enclosed malls in the state, Spruce Run and Round Valley Reservoirs, two of the largest parks in New Jersey and the area’s Minor League ballpark, which is home to the “Somerset Patriots”. Princeton University (to the south) and Rutgers University (to the east) are each less than 8 miles from the center of this county. As a result of the fine balance, some of the wealthiest communities in the nation call this area home, designating this part of New Jersey as the new “Wealth Belt”. Bound Brook is a historic borough of approximately 1.6 square miles and 10,400 residents – a great place to live, work and play. First settled in the late 1600s, Bound Brook is located along the Raritan River, in the northeastern corner of Somerset County. It sits be-tween two brooks – the Middlebrook to the west along its border with Bridgewater, and the Green Brook (also referred to as the Bound Brook) to the east along its border with Middlesex Borough and Middlesex County. Its size is optimal -- small enough to retain a “small town” flavor, and with its own downtown, but within easy travel distance of all the cultural, economic and transportation resources of the Newark/New York metropolitan area. Bound Brook is conveniently located along the Raritan Valley Line passenger railroad, which runs to Newark and New York City. This region is conveniently located within 35 miles of New York City (to the northwest) and within 50 miles of Philadelphia (to the southwest). Major highways include Routes 202, 206, 22, 28 and Interstate 287 and 78. Because of their patterns, all of these highways are easily accessible to all areas. Area shopping centers include but is not limited to; Bridgewater Commons, Bridgewater Promenade, The Village at Bridgewater Com-mons and Chimney Rock Crossing with a commitment to Whole Foods (coming soon).

BOUND BROOK & SOMERSET COUNTY


William P. Ray, Senior Vice PresidentOffice: 732.204.1123 • Cell: 908.581.6267 [email protected]

2015 PROJECTION 2 MILE 3 MILES 5 MILES

Population 27,244 59,166 150,544

Median HH Income $78,252 $81,316 $85,274

Average HH Income $98,146 $102,704 $108,257

Median Age 39.5 40.8 41.4

Total Households 10,018 22,186 56,652

Daytime Population 7,215 36,921 113,420

TRAFFIC COUNT AVERAGE DAILY VOLUME

UNION AVENUE & MIDDLEBROOK COURT

19,968



+/- 5,000 SF to +/- 21,500 SF Available

BRIDGEWATER TRADE AREA MAP

SITE

Middlebrook Center

Distribution Center

The Village at Bridgewater Commons

Bridgewater Promenade

Somerset Shopping Center

Somerville Circle Center

MarketPlace at Manville

Coming SoonChimney Rock Crossing



The retail center comprises of +/- 36,500 retail situated on +/- 2.9 acres with 143 on-site parking spaces. Efinger Sporting Goods has been operating within Bound Brook since 1909 and moved to their current location on W. Union Avenue 40 years ago. In 2005, a new building was constructed where Efinger occupies space for its retail sales area and an additional 22,000 SF on the 2nd floor for team sales. The ground level has contiguous retail space of +/-21,500 sf divisible to +/- 5,000 sf. Large pylon signage is located on the proper-ty. Neighboring retail include Shoprite Super-market anchored 122,920 sf center with Quest Diagnostics and Bridgewater Promenade (Home Depot, Target, Costco, Michael’s, Bed Bath & Beyond, Applebee’s and Old Navy). One mile from UPS Distribution Center.

• 352’ Frontage on W. Union Avenue• 288’ Frontage on Thompson Avenue• Major corridor of Route 28 West/East• .5 Mile to NJ Transit Bound Brook Train Station• 1.3 Miles from Target, Home Depot, Costco and the Patriots Stadium

PROPERTY DESCRIPTION:

PROPERTY LOCATION:

Zoning: B1-General Business • Rental Rate: $19-$24.50 PSF • Taxes: $6.04 SF

509 - 513 w. union avenue, bound brook, nj...licensed real estate broker william p. ray, senior vice...

Documents