400 US HWY 206

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400 US HWY 206

HILLSBOROUGH, NJ 08844-5009
Asking Price
$450K
Asset Type
Day Care/Nursery Hospitality
Class
Class B

What's Special

400 US Highway 206 is situated in the heart of Hillsborough, New Jersey, a suburban community in Somerset County. The property benefits from significant frontage along a primary regional commercial corridor, providing direct access to neighboring Somerville and Princeton. The surrounding area features a mix of established retail centers, medical offices, and residential subdivisions. Local amenities include various dining options, fitness centers, and grocery anchors. Transportation is supported by its proximity to Route 206, which connects to Interstates 287 and 78, making the site accessible for regional commuters and local residents. As a hospitality asset, this location is suited for select-service lodging, boutique hotel operations, or extended-stay facilities. The site profile aligns with the needs of corporate travelers visiting nearby pharmaceutical and technology hubs, as well as overflow guests from regional universities and event venues. Ideal operators would target a tenant mix of business professionals requiring highway access and leisure travelers seeking proximity to Somerset County’s recreational and historical attractions. The property offers functional utility for hospitality brands looking to capture market share within a stable, growing high-income demographic area.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

Location & Travel Times