TLH 773 Hamilton LLC Acquires Former Rite Aid In Franklin Township For $3.85M

The property located at 773 Hamilton Street, Somerset, encompasses 1.15 acres and features a retail space measuring 12,000 square feet. The transaction was executed for a price of $3,850,000, with a price per square foot of $321.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,850,000
• Address: 773 Hamilton Street
• Market: Somerset
• SF: 12,000
• PPSF: $321
• Buyer: TLH 773 Hamilton LLC
• Broker: James Duffy - Davis Commercial

James Duffy from Davis Commercial represented the seller in the transaction, facilitating the sale of the former Rite Aid property in Franklin Township. This location is set to become the second New Jersey site for Little Honors Day Care, which is scheduled to open next year.