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    1701 Morris Ave Union, NJ 07083

    For Lease
    Contact for pricing

    Prime Union County Retail Space Available

    Lot size:
    279,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    West Branch Commons, a thriving community center in Union, NJ, presents a unique retail opportunity. This expansive 279,010 square foot open-air shopping center is situated along the high-traffic Route 22 commercial corridor, ensuring exceptional visibility and accessibility. The property boasts a substantial 24.3-acre lot and offers ample parking with 1,179 spaces, providing a 4.23:1,000 sq ft parking ratio. Currently, a 3,512 square foot space is available for lease. The center is anchored by strong national tenants including Lowe's Home Improvement, Burlington, and Ashley Furniture, creating a robust and established retail environment. Additional tenants include Applebee's, Ashley Stewart, Dollar Tree, and Mattress Firm, contributing to a diverse and attractive tenant mix. This property offers a compelling investment opportunity within a well-established and highly visible retail location. The significant size of the property, combined with its prime location and strong anchor tenants, makes it an ideal location for a variety of retail businesses seeking high foot traffic and a thriving commercial environment. The available space provides a chance to become part of a successful and established retail center in a densely populated area.

    Property Features for 1701 Morris Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    279,010 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,512 SF

    HighLights

    • 279,010 square feet of retail space.
    • 24.3‑acre land parcel.
    • 1,179 parking spaces.
    • 4.23 parking spaces per 1,000 square feet.
    • Community center retail property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2568094
    Latitude
    40.6937252

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    FAQs

    What type of property is this?
    Retail property - Prime Union County Retail Space Available
    Where is this retail property located?
    The property is located at 1701 Morris Ave Union, NJ.
    What are key features of this property?
    This property features: 279,010 square feet of retail space.; 24.3-acre land parcel.; 1,179 parking spaces.
    Request Owner's contact information
    1701 Morris Ave Union, NJ 07083
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    Union, NJ 07083
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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
    1701 Morris Ave Union, NJ 07083
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