Listing Agency: CBRE - Philadelphia Suburban

Listed By: Jay Miller · License #NJ

Source: Crexi

Added: Jun 28, 2023 Changed: Aug 25 Last Checked: Aug 28 at 4:55PM

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Investment Insights

Based on property information with market context.

A consumption liquor license, identified as "33", is available for purchase in Chatham Township, New Jersey. The property is priced to sell.

Key Highlights

• Consumption liquor license ("33") included
• Priced to sell
• Located in Township of Chatham, New Jersey

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

366

Businesses Nearby

81k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 46% Shops & Services 21% Dining 14% Home Improvements & Furnishings 11%

ShopRite Groceries

37,085 visits/mo 0.2 miles

Starbucks Dining

11,315 visits/mo 0.1 miles

Costello's Ace Hardware of Chatham Home Improvements & Furnishings

9,346 visits/mo 0.2 miles

Hallmark Shops & Services

5,598 visits/mo 0.2 miles

Exxon Shops & Services

4,401 visits/mo 0.1 miles

Demographics for 07928, NJ

19,778

Population

6,837

Households

2.9

Avg Household Size

42

Median Age

83%

College-Educated

99%

High-School Grad

9.3 sq mi

ZIP Area

2,127

Density / Sq Mi

$236,000

Median Household Income

$101,563

Median Earnings

$2,441

Median Rent

$965,800

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

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Frequently Asked Questions

What type of property is this?

Retail space - Consumption liquor license available in Chatham Township, New Jersey.

Where is this retail space located?

The property is located at 522 Southern Blvd Chatham Township, NJ.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Consumption liquor license ("33") included; Priced to sell; Located in Township of Chatham, New Jersey