Restaurant Space with Full Catering
For Lease
$9,900/Mo Modified Gross
44 Speedwell Ave, Morristown, NJ 07960
Restaurant suite includes a service-space kitchen, take-out area, large dining room, and two ADA bathrooms plus full basement.
Space SizeContact for details
Property Size2,465 SF
Days on Market54
Property Features for 44 Speedwell Ave
General Information
Standard status
Active
Size
2,465 SF
Total Parking Spaces
4
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$12,500
Amenities
Central Air
Forced Air, Natural Gas
Full, Walk-Out Access
Off Street, On Street
Building Details
Building Size
2,465 SF
Year Built
2011
Listing Agency:
Top Value Realty
(973) 769-6184
Listed By:
ABDELWAHEED ALBUKHARI
(973) 769-6184
Source:
Evrealestate
Added: Jul 2
Changed: Aug 23
Last Checked: Aug 24 at 6:05AM
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 Top Value Realty
Investment Insights
Based on property information with market context.
Restaurant space for lease on Speedwell Ave in Morristown, described as being in a high-visibility, busy area. The layout includes a walk-in box on the main level, a huge counter, service-space kitchen, take-out area, and a large dining room with two ADA bathrooms.
A full basement provides additional space for expansions and a full catering operation. The property is presented with modified gross terms, with the landlord paying taxes, condo fee, and property insurance, while the tenant pays business insurance and all utilities. The space is currently described as having no hood, but it includes a chase/duct to the top, allowing a tenant to install a hood if desired. The location is noted as being next to the New Valley Bank HQ and across the street from HQ Plaza Hotel and a movie theater.
A full basement provides additional space for expansions and a full catering operation. The property is presented with modified gross terms, with the landlord paying taxes, condo fee, and property insurance, while the tenant pays business insurance and all utilities. The space is currently described as having no hood, but it includes a chase/duct to the top, allowing a tenant to install a hood if desired. The location is noted as being next to the New Valley Bank HQ and across the street from HQ Plaza Hotel and a movie theater.
Key Highlights
- Year built 2011 restaurant suite with a large dining room, service‑space kitchen, and take‑out area
- Includes 2 ADA bathrooms for guest accessibility
- Full basement provides additional space for expansions and a catering operation
Property Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
3,469
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 24%
Dining 12%
Electronics 8%
Whole Foods Market
Groceries
24,305 visits/mo
0.5 miles
Wells Fargo
Shops & Services
13,421 visits/mo
0.2 miles
7-Eleven
Shops & Services
12,982 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,568 visits/mo
0.2 miles
Verizon
Electronics
6,650 visits/mo
0.2 miles
Demographics for 07960, NJ
45,609
Population
18,978
Households
2.4
Avg Household Size
40
Median Age
68%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
1,318
Density / Sq Mi
$149,462
Median Household Income
$75,266
Median Earnings
$2,173
Median Rent
$701,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant suite includes a service-space kitchen, take-out area, large dining room, and two ADA bathrooms plus full basement.
Where is this conventional restaurant located?
The property is located at 44 Speedwell Ave Morristown, NJ.
What is the lease rate?
The lease rate is $9,900/Mo.
What are key features of this property?
This property features: Year built 2011 restaurant suite with a large dining room, service‑space kitchen, and take‑out area; Includes 2 ADA bathrooms for guest accessibility; Full basement provides additional space for expansions and a catering operation
