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389 Dover Chester Rd Randolph, NJ 07869

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For Sale
$2,250,000

Income-producing retail asset with strong tenant base and long-term leases.

Property size:
11,900 SF
Lot size:
1.37 Acres

Property Features for 389 Dover Chester Rd

General Information

Standard status
Active
Size
11,900 SF
Lot size
1.37 Acres

Building Details

Year built
1955

Source: C-21 CHRISTEL REALTY Agent ALFRED T. PAPASSO

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Leased Retail Strip Mall

This fully stabilized, income-producing retail asset is located in a sought-after area. The strip mall consists of 8 fully leased units, providing immediate and reliable cash flow supported by a strong tenant base and long-term lease agreements. Anchored by the United States Postal Service (USPS), a nationally recognized, credit-rated tenant, the property benefits from consistent daily foot traffic and serves as a major driver of visibility and consumer activity. The property also houses a diverse mix of well-established local tenants. Positioned along a highly trafficked road, the property benefits from excellent frontage, visibility, and access, and a robust consumer demographic with high household incomes and strong retail demand. Ample on-site parking is available, with 64 dedicated spaces. The property is located within an economically vibrant and demographically attractive market, surrounded by national retailers along Rt 10, upscale residential communities, and well-performing schools. The area continues to show strong population growth and retail performance metrics. The property size is 11900 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

EmphyCorp Pharmacy Razorz Edge Barber ... Barber Shop Dulce Aroma Bakery Bakery Pines Tree Trimming Tree Service

Suggested Use

Restaurant Dental Office Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store Kitchen & Bath Department Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Randolph
County
Morris
State
New Jersey
Longitude
-74.626755
Latitude
40.821835

FAQs

What type of property is this?
Strip mall - Income-producing retail asset with strong tenant base and long-term leases.
Where is this strip mall located?
The property is located at 389 Dover Chester Rd Randolph, NJ.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Anchored by USPS, a nationally recognized, credit-rated tenant, providing consistent foot traffic and visibility.; - Fully leased with 8 units, offering immediate and reliable cash flow.; - Located in an affluent, sought-after area with high household incomes and strong retail demand.
More about this property
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