JDS Family Investments LLC Sells Hunterdon Commons Retail Center In Flemington For $4.7M

JDS Family Investments LLC has sold a retail center located at 176 Route 202 in Flemington, NJ. The property, known as Hunterdon Commons, encompasses 57,935 square feet and has been sold for $4.7 million. The asset is currently 97% occupied and hosts 13 tenants, which contributes to its appeal to investors. Its location along Route 202 offers significant traffic, further enhancing its value in the market.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $4,700,000
• Square Footage: 57,935
• Price Per Square Foot: $81
• Market: Flemington, NJ
• Seller: JDS Family Investments LLC
• Broker: Brent Hyldahl, Alan Cafiero & Seth Goldberg - Marcus & Millichap

The deal was facilitated by the brokerage team from Marcus & Millichap, comprising Brent Hyldahl, Alan Cafiero, and Seth Goldberg. Their involvement was key in attracting investor interest due to the center's strong occupancy rates and its diverse mix of tenants.