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    1500 Route 47 Rio Grande, NJ 08242

    Sponsored
    For Lease
    Contact for pricing

    10,326 SF Retail Space Available

    Lot size:
    10,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,326 square foot retail strip center in Rio Grande, Cape May County, presents a unique sublease opportunity. The entire space is currently vacant, offering a blank canvas for a wide range of retail concepts. Strategically located with easy access from Delsea Drive, this property benefits from significant daily traffic generated by nearby anchor tenants such as ShopRite and Planet Fitness. The high visibility location places your business in the heart of Rio Grande's thriving retail trade area, ensuring maximum exposure to potential customers. The property's 10,326 square feet provides ample space for a large-scale operation or the potential to be subdivided for multiple tenants. This is an ideal opportunity for businesses seeking a prominent location with high foot traffic and excellent visibility in a densely populated area. The property's size and location make it suitable for a variety of retail uses, from grocery stores and fitness centers to restaurants and specialty shops. The substantial vacant space allows for complete customization to meet the specific needs of the future tenant. This sublease opportunity offers a chance to establish a strong presence in a prime retail location within a busy commercial area. The property's convenient access and high visibility make it an attractive option for businesses looking to expand or establish a new location in a thriving community. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 1500 Route 47

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,326 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,326 SF

    HighLights

    • 10,326 SF retail strip center in Cape May County.
    • 100% vacant, offering a single, 10,326 SF space available for lease.
    • Located in Rio Grande's prime retail area, with high traffic volume due to nearby Shoprite and Planet Fitness.
    • Excellent access from Delsea Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spirit Halloween Costume Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8703713
    Latitude
    39.0129646

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    Nearby Similar for Lease

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      636 SF

      Retail Spaces Near High-Traffic Supermarket

      Retail spaces available near high-volume supermarket on Route 47.
      1700 Route 47 S, Rio Grande, NJ 08242
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 10,326 SF Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1500 Route 47 Rio Grande, NJ.
    What are key features of this property?
    This property features: 10,326 SF retail strip center in Cape May County.; 100% vacant, offering a single, 10,326 SF space available for lease.; Located in Rio Grande's prime retail area, with high traffic volume due to nearby Shoprite and Planet Fitness.
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    1500 Route 47 Rio Grande, NJ 08242
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    Rio Grande, NJ 08242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 Route 47 Rio Grande, NJ 08242
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