Paramount Realty Sells Retail Center In Flemington To Local Private Investor
New Jersey
See Similar DealsParamount Realty Sells Retail Center In Flemington To Local Private Investor
289 US Route 202
See Similar DealsSummary
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.
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