For Sale Subject To Offer
Property Type Office - General Office
Property Size 88,300 SF
Building Class A
Date Updated May 16, 2024

New JerseyUCC AUCTION DATE: Tuesday, July 2, 2024 at 11:00 a.m. (ET) The Subject collateral consists of an 88,300± SF multi-tenant office building on 5.4± acres located at 80 Cottontail Lane, Somerset, NJ. The four-story, class-A office building is located directly off I-287, near I-78 and I-95, and is surrounded by commercial stores and dining options. The building has a large parking lot, security system, food service onsite, onsite property management and sits well-positioned in a dense commercial hub. At 11:00 am (EST) on July 2nd, 2024, The Secured Party will sell at public auction all limited liability company interests in 80 Cottontail RE Holdings LLC a ___ Limited Liability Company, (such entity, the “Pledged Entity”). As of April__, 2024 the interests secure indebtedness owing by the Pledged Entity to Secured Party in the amount of not less than $6,200,000, plus unpaid interest, late fees, attorney’s fees, and other charges including costs to sell the Membership Interests (“Debt”). Full Notice and Terms of Sale are available upon request.

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Attachments

Brochure - UCC Sale - Somerset, NJ (PDF) opens in new window

Highlights

88,300± SF Class-A Suburban Office Building on 5.4± acres
336 Surface parking spaces
Right off I-287, near I-78 and I-95, surrounded by commercial stores and dining options
Nearby nationally acclaimed businesses include: Target, Trader Joe’s, Costco Wholesale, Marshalls, PetSmart, The Home Depot and Hilton Garden Inn

Contacts

Jonathan Cuticelli

Hilco Real Estate

(847) 305-4256

Location

Getting Around

Walk Score ®
21/100 Car-Dependent
Bike Score ®
38/100 Somewhat Bikeable

Map
Street

City Somerset, NJ
Neighborhood Franklin Center
Zip Code 08873
Market New Jersey

Points of Interest

North Branch

7.91 miles

Sunoco

1.22 miles
Wawa

1.56 miles
RaceWay

1.71 miles
Speedway

1.75 miles
Exxon

2.14 miles
Express Fuel

2.27 miles
Valero

2.36 miles
Petroleum 19

2.39 miles
Delta

2.52 miles
Conoco

2.75 miles

Blue Lot

0.69 miles
White Lot

0.78 miles
Tea Street Youth Sports Complex Parking

0.81 miles
D&R Canal State Park Parking

0.87 miles
Red Lot

0.88 miles
ShopRite Plaza

1.32 miles
D&R Canal Towpath Parking

1.73 miles
Washington Valley Park

2.25 miles
Van Veghten House Parking lot

2.39 miles
D&R Canal Towpath Parking

2.48 miles

Clarion

0.09 miles
Hilton Garden Inn Bridgewater

1.21 miles
Holiday Inn

1.36 miles
Comfort Inn & Suites

1.38 miles
Fairfield Inn & Suites

1.51 miles
Delta Hotels by Marriott Somerset

1.52 miles
Courtyard

1.55 miles
Sonesta ES Suites

1.60 miles
DoubleTree

1.61 miles
Candlewood Suites Somerset

2.00 miles

Hooters

0.09 miles
Dunkin'

0.96 miles
La Esquina Criolla

0.96 miles
Golden Star Chinese Restaurant

0.97 miles
Joe's Meat Market

0.97 miles
Santemma Juice

0.98 miles
Subway

0.98 miles
Franks Restaurant

0.98 miles
Bella Roma

0.99 miles
Patricia Sabor Casero & Deli

0.99 miles

Robert Morris Elementary School;Robert Morris School

0.67 miles
Green Brook Academy School

0.84 miles
LaMonte Elementary School

0.84 miles
Elizabeth Avenue Elementary School

0.84 miles
Pillar College

0.85 miles
Saint Marys School

0.89 miles
Lafayette Elementary School

0.98 miles
Holy Family Academy School

0.99 miles
Wee People Preschool

1.13 miles
Bound Brook High School

1.22 miles

Learning Experience

2.22 miles
Kinder Kastle Child Care Learning

2.98 miles
Temple Beth El Preschool

3.67 miles
KinderCare

3.71 miles
Central Jersey Enrichment Center

3.90 miles
The Learning Experience

4.83 miles
The Learning Gate

5.15 miles
KinderCare

5.76 miles
Childtime

5.85 miles
Johnson & Johnson Child Development Center

5.92 miles

Frequently Asked Questions

What is the total square footage of UCC Auction - NJ Office Building?

UCC Auction - NJ Office Building totals 88,300 square feet.

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