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Restaurant Space Undergoing Approvals
For Lease
$2,400/Mo
Pending

261 SAINT MIHIEL DRIVE, Riverside, NJ 08075

Landlord is pursuing occupancy, fire-system, and health approvals; tenant-specific alterations remain the tenant’s responsibility.

Space SizeContact for details
Days on Market187

Property Features for 261 SAINT MIHIEL DRIVE

General Information

Standard status Pending
Property subtype Retail
Lease Type NNN

Lease Terms

Lease Rate $2,400 /MO
Monthly Rent $2,400

Additional Details

Space Use Restaurant

Building Details

Year Built 1975
Listing Agency: Herron Real Estate
Listed By: Joshua Gardner Graham · License #2562017
Source: Desantis-realestate
Added: Apr 25 Changed: Oct 27 Last Checked: Oct 27 at 4:12AM

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 Herron Real Estate

Rey
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Investment Insights

Based on property information with market context.

This restaurant property was built in 1975. The landlord is working through the Certificate of Occupancy process, fire suppression system permitting, and Board of Health requirements; these approvals are not yet complete.

Tenant-specific modifications, buildout, and upgrades are the tenant’s responsibility. The property is on Saint Mihiel Drive in Riverside, New Jersey, along a corridor described as carrying both pedestrian and vehicle traffic.

Key Highlights

  • Built in 1975
  • Certificate of Occupancy, fire suppression permitting, and Board of Health requirements are in process
  • Tenant is responsible for concept‑specific modifications, fit‑out, and upgrades

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby
256k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 25% Groceries 18% Home Improvements & Furnishings 12%
ShopRite Groceries
46,002 visits/mo 0.1 miles
Chick-fil-A Dining
33,379 visits/mo 0.3 miles
Wawa Shops & Services
31,566 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
28,321 visits/mo 0.4 miles
McDonald's Dining
17,315 visits/mo 0.5 miles

Demographics for 08075, NJ

30,327
Population
12,092
Households
2.5
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,063
Density / Sq Mi
$94,576
Median Household Income
$47,979
Median Earnings
$1,427
Median Rent
$288,200
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Landlord is pursuing occupancy, fire-system, and health approvals; tenant-specific alterations remain the tenant’s responsibility.
Where is this conventional restaurant located?
The property is located at 261 SAINT MIHIEL DRIVE Riverside, NJ.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Built in 1975; Certificate of Occupancy, fire suppression permitting, and Board of Health requirements are in process; Tenant is responsible for concept‑specific modifications, fit‑out, and upgrades
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