389 Dover Chester Rd Randolph, NJ 07869
Income-producing retail asset with strong tenant base and long-term leases.
Property size:
11,900 SFLot size:
1.37 AcresProperty 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:
Corcoran
Listing 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
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Morris
- State
- New Jersey
- Longitude
- -74.626755
- Latitude
- 40.821835
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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.