Somerset, NJ — Peter Gallicchio president of Somerset based Remco Realty Group has announced that the firm recently sold the former Tara Electronics building located at 985 Rte. 202 (North) to a Delta Gasoline operator who will be constructing a new convenience store on the site to support their gasoline retail business.
The existing 3,000 s/f building features 0.62 acres of land with over 100’of highway frontage and pylon signage at the corner of Rte. 202 and Van Dyke Rd.
The site benefits from area demographics that include a population of over 95,000 within a 5 mile radius, earning over $128,000 of median household income.
The property is surrounded by such retailers as: Wegman’s, Home Depot, Ruby Tuesday, Carrino’s, Wawa, CVS, Bank of America, Rainbow Academy, Exxon, Magyar Bank, Homewood Suites, McDonald’s, Dunkin Donuts, Marriott Towne Place, and Subway just to name a few. Gallicchio, served as the agent of the seller and also secured the buyer in this transaction. Remco Realty Group is a comprehensive Commercial Real Estate Brokerage and Property Management Firm, specializing in commercial and retail properties.