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Popeye's 229 Bound Brook Rd

2,339 SF 4-Star Retail Building Middlesex, NJ 08846 £1,933,823 (£827/SF) 5.10% Net Initial Yield

Investment Highlights

  • Significant parking with +/- 26 spaces on site including parking on Bound Brook Road
  • Situated within an extremely dense market with a daytime and residential population of over 234,000 and 240,000, respectively within 5 miles
  • Strong visibility along Bound Brook Road with storefront signage and a double-sided pylon
  • Strong Popeyes operator with experience in freestanding drive-thru, end cap drive-thru and inline locations

Executive Summary

Brand new +/- 2,339 freestanding Popeyes Louisiana Kitchen constructed in 2022 featuring the latest model with a double drive-thru and bypass lane operating on +/- 1.13 acres.

Attachments

229 Bound Brook Road - OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,339 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
£1,933,823
Price Per SF
£827
Net Initial Yield
5.10%
NOI
£98,625
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.17 AC
Zoning
GB - General Business
Frontage
195 ft on Bound Brook Road
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PROPERTY TAXES

Parcel Number 10-00006-0000-00003 Improvements Assessment £418,705
Land Assessment £671,508 Total Assessment £1,090,214

PROPERTY TAXES

Parcel Number
10-00006-0000-00003
Land Assessment
£671,508
Improvements Assessment
£418,705
Total Assessment
£1,090,214
(732) 724-9019

  • Listing ID: 33171515

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 229 Bound Brook Rd, Middlesex, NJ 08846

The Retail Property at 229 Bound Brook Rd, Middlesex, NJ 08846 is currently available For Sale. Contact Pierson Commercial Real Estate for more information.

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© 2024 CoStar Group

Popeye's | 229 Bound Brook Rd
(732) 724-9019 x

Popeye's | 229 Bound Brook Rd

1/2

Anayah Goswami

(732) 724-9019

(732) 724-9019

Jason Pierson

(732) 707-6902

(732) 707-6902

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