Paramount Realty Sells Retail Center In Flemington To Local Private Investor

The two-tenant retail center located at 289 US Route 202 in Flemington was sold for $7.5 million. This 7,388-square-foot property was acquired by a local private investor. The center is currently occupied by Aspen Dental and City MD Urgent Care, making it a prime investment in the retail market of Flemington.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,500,000
• Address: 289 US Route 202
• Market: Flemington
• Buyer's Representative: Tom Georges - NorthMarq
• Seller: Paramount Realty
• Seller's Representatives: Alan Cafiero, Brent Hyldahl, David Crotts & Dean Zang - Marcus & Millichap
• Square Footage: 7,388
• Price per Square Foot: $1,015

The sale of this retail property was facilitated by the brokers from Marcus & Millichap, namely Alan Cafiero, Brent Hyldahl, David Crotts, and Dean Zang. The success of this transaction showcases the expertise and professionalism of the involved parties in closing a significant deal in the Flemington market.