Alpha Pro LLC Acquires Retail Property In South Brunswick Twp. For $2M

Alpha Pro LLC has acquired a retail property located at 3110 Route 27, South Brunswick Twp., NJ. The property, consisting of 12,000 square feet, was sold by Lincoln YFR LLC for a total price of $2,000,000, resulting in a price per square foot of $167. The transaction took place on 06/28/2021. It is worth noting that 70% of the space is currently vacant, presenting a value-add opportunity. The new owner/user intends to occupy the vacant space for their own use, further enhancing the property's potential.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000
• Address: 3110 Route 27, South Brunswick Twp., NJ
• Square Footage: 12,000
• Price per Square Foot: $167
• Market: South Brunswick Twp., NJ

James S. Chiarello represented both parties as the broker in this transaction. For further deals like this, interested parties can contact James Chiarello at 609-864-5766.