129 Route 31 Pennington, NJ 08534
This exceptional retail space, located at 129 Route 31 N in Pennington, NJ, presents a unique opportunity for a variety of businesses. Situated on a 1.72-acre lot, this property offers significant potential for a turnkey operation. The space is currently being prepared for lease and is ideal for a cafe, coffee shop, deli, or convenience store. The lease rate is $25.00 per square foot, plus CAM charges (to be determined). A significant advantage is the ample parking available on-site, complemented by the presence of an adjacent liquor store, creating a synergistic retail environment. The location benefits from strong public demand, ensuring a robust customer base. The property is ready for immediate occupancy, subject to the completion of the space division and a customary tenant application process. This allows for a swift and efficient start-up for the new tenant. A two-month security deposit, in addition to the first month's rent, is required. This prime location and turnkey setup make this an exceptional opportunity for a quick and profitable business launch. Don't miss out on this chance to establish your business in a thriving Pennington community. Contact us today to learn more and schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.