Building Details

Building Size 586 SF

Year Built 1950

Stories 1

Units 1

Listing Agency: C-21 CREST REAL ESTATE, INC.

Listed By: MARIE EPISALE Show Phone

Source: Elliman

Added: Mar 5 Changed: Sep 8 Last Checked: Sep 8 at 7:36AM

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Investment Insights

Based on property information with market context.

This commercial storefront offers 586 square feet of space with high traffic and visibility. The dimensions are approximately 16 x 48. It features a private entrance and a private bath. There is ample parking available in the rear. The property is located 0.4 miles from the Shop Rite shopping center and across the street from PineCliff Lake. Retail and office uses are being considered. The tenant is responsible for their own utilities, including electric and gas for HVAC, plus CAM. Above storefront signage and a freestanding sign are available at the tenant's expense.

Key Highlights

• High traffic and visibility storefront location.
• Private entrance and private bathroom.
• Ample parking in the rear.

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$4.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

84k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 44% Apparel 23% Dining 21% Shops & Services 12%

ShopRite Groceries

36,670 visits/mo 0.2 miles

T.J. Maxx Apparel

19,554 visits/mo 0.3 miles

McDonald's Dining

16,882 visits/mo 0.3 miles

Wells Fargo Shops & Services

5,140 visits/mo 0.2 miles

The UPS Store Shops & Services

5,119 visits/mo 0.2 miles

Demographics for 07480, NJ

15,358

Population

6,239

Households

2.5

Avg Household Size

47

Median Age

40%

College-Educated

95%

High-School Grad

33.1 sq mi

ZIP Area

464

Density / Sq Mi

$114,056

Median Household Income

$59,619

Median Earnings

$1,433

Median Rent

$362,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - 586 SF storefront with parking near shopping center.

Where is this storefront property located?

The property is located at 1606 Union Valley Rd West Milford, NJ.

What is the lease rate?

The lease rate is $1,367/Mo.

What are key features of this property?

This property features: High traffic and visibility storefront location.; Private entrance and private bathroom.; Ample parking in the rear.