The Shoppes at Colonial Village
6.75% CAP
Marketing description
Marcus & Millichap is pleased to exclusively present 1-11 Lincoln Highway, Edison, Middlesex County, New Jersey.
Investment highlights
The Shoppes at Colonial Village is a Rare 79,147 SF Retail/Office complex (5 total buildings) located in the heart of Edison, Middlesex County, New Jersey
5.36 acres of land at the signalized intersection of Route 27 (Lincoln Highway) and Parsonage Road – Over 38K cars/day
Currently 97% occupied with over 50 tenants diversifies rental income
Upside in renting existing vacancies as well as increasing rents for the many below market rentals at the complex
Extraordinarily well-maintained property
Located approximately 1 mile to MetroPark and 1 ¼ miles to the Garden State Parkway
Directly across from JFK medical center (499 beds)
Less than 1 mile to Menlo Park Mall and Route 1
Outstanding demographics with over 315K people within 5 miles and an average household income over $162K within 1-mile
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
