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    2-4 Memorial Dr Lodi, NJ 07644

    Sponsored
    For Lease
    Contact for pricing

    Prime Lodi, NJ retail space available.

    Lot size:
    12,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lodi Marketplace offers exceptional retail opportunities in a thriving Bergen County location. This 12,188 square foot property, situated at 2-4 Memorial Drive in Lodi, NJ 07644, is a grocery-anchored center located on the town's main retail thoroughfare. The property boasts a total of 12,188 square feet, with multiple tenancy options available. Individual spaces range from a minimum of 1,185 square feet to a maximum contiguous space of 9,750 square feet, providing flexibility for various retail businesses. Currently, there is 28,163 square feet of vacant space ready for immediate occupancy. This prime location benefits from a strong demographic profile, with over 288,000 people residing within a 3-mile radius, boasting an average household income of approximately $93,000. The property sits on a 9.38-acre lot and is conveniently located in Lodi, a dense suburb of New York City, approximately 10 miles northwest of Midtown Manhattan. This presents a unique opportunity for businesses seeking high visibility and access to a substantial consumer base in a bustling New Jersey community. Contact us today to learn more about leasing opportunities at Lodi Marketplace.

    Property Features for 2-4 Memorial Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,188 SF

    Unit(s) available at that property

    Space
    5
    Size
    2,400 SF
    Space
    4
    Size
    2,400 SF

    HighLights

    • Grocery‑anchored retail center totaling 12,188 square feet in Lodi, NJ.
    • Located on Memorial Drive, a main retail thoroughfare.
    • Multiple spaces available, ranging from 1,185 to 9,750 square feet.
    • 28,163 square feet of vacant space available for immediate occupancy.
    • Strong demographics: over 288,000 people within a 3‑mile radius, $93,000 average household income.
    • 9.38‑acre lot, 10 miles from Midtown Manhattan.
    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
    Lodi
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0863714
    Latitude
    40.8747637

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    FAQs

    What type of property is this?
    Retail property - Prime Lodi, NJ retail space available.
    Where is this retail property located?
    The property is located at 2-4 Memorial Dr Lodi, NJ.
    What are key features of this property?
    This property features: Grocery-anchored retail center totaling 12,188 square feet in Lodi, NJ.; Located on Memorial Drive, a main retail thoroughfare.; Multiple spaces available, ranging from 1,185 to 9,750 square feet.
    Request Owner's contact information
    2-4 Memorial Dr Lodi, NJ 07644
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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
    2-4 Memorial Dr Lodi, NJ 07644
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