Tesla Dealership and Service
For Sale
Contact for pricing
Pending
1605 Route 70 W, River Edge, NJ
Tesla dealership and service center in a strong retail corridor.
Property SizeContact for details
Lot Size2.08 Acres
Days on Market312
Property Features for 1605 Route 70 W
General Information
Standard status
Pending
Lot size
2.08 Acres
Property subtype
RETAIL
Listing Agency:
Equity CRE
(484) 417-2217
Listed By:
Bart Delfiner · License #RS223488L
Source:
Moodyscre
Added: Oct 14, 2025
Changed: Aug 8
Last Checked: Aug 20 at 8:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity CRE
Investment Insights
Based on property information with market context.
Available for sale is a Tesla Dealership and Service Center. The property is under a NNN lease with 2% annual rental increases, backed by a corporate guaranty from Tesla, Inc., an investment-grade tenant with a BBB S&P rating. The property is located 11 miles from Philadelphia, in a retail corridor along Route 70, which sees approximately 54,000 vehicles per day. The location is surrounded by national retailers, including Raising Cane’s, Starbucks, Wegmans, and Home Depot. The Marketplace at Garden State Park features anchors such as Raising Cane’s, Wegmans, Best Buy and Dick’s Sporting Goods. Towne Place at Garden State Parks offers national tenants such as Barnes & Noble, Nordstrom Rack and Ulta Beauty. The location benefits from strong demographics, with 322,792 people within 5 miles and an average HHI of $104,536. There are only four Tesla dealerships in the Philadelphia MSA: Wayne, PA; Warminster, PA; Lawrence Township, NJ; and Cherry Hill, NJ.
Key Highlights
- NNN lease with corporate guaranty from Tesla, Inc. (BBB S&P rating) ensuring stable, long‑term income.
- Prime location on Route 70 with high traffic volume (54,000 vehicles per day).**
- Located in a strong retail corridor surrounded by national retailers (Raising Canes, Starbucks, Wegmans, Home Depot, etc.).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
496
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Frequently Asked Questions
What type of property is this?
Specialty property - Tesla dealership and service center in a strong retail corridor.
Where is this specialty property located?
The property is located at 1605 Route 70 W River Edge, NJ.
What is the asking price?
The asking price for this property is $4,335,126.
What are key features of this property?
This property features: NNN lease with corporate guaranty from Tesla, Inc. (BBB S&P rating) ensuring stable, long‑term income.; Prime location on Route 70 with high traffic volume (54,000 vehicles per day).**; Located in a strong retail corridor surrounded by national retailers (Raising Canes, Starbucks, Wegmans, Home Depot, etc.).
