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    265-345 Pompton Ave Verona, NJ 07044

    Sponsored
    For Lease
    Contact for pricing

    Verona Warehouse Space: Retail & Industrial

    Lot size:
    209,331 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a prime Verona, NJ commercial property, the Pilgrim Shopping Center, located at 265-345 Pompton Ave, 07044. This multi-tenant property boasts a total of 209,331 square feet, offering a blend of retail and industrial warehouse space. The building is comprised of three suites, with a flexible layout accommodating various business needs. Currently, there are 25,684 square feet of vacant space available, offering immediate occupancy potential. Two spaces are immediately available, measuring 1,981 and 2,468 square feet respectively. The minimum divisible space is 1,981 square feet, while the maximum contiguous space available is 21,235 square feet, providing scalability for expanding businesses. The property's classification as both retail and industrial makes it highly versatile, suitable for a wide range of commercial enterprises. Situated in Essex County, New Jersey, this property benefits from excellent accessibility and visibility. This is an ideal opportunity for businesses seeking a well-located, adaptable space in a thriving community. The property is categorized as a shopping center with warehouse space on both the first and second floors.

    Property Features for 265-345 Pompton Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    209,331 SF

    Unit(s) available at that property

    Space
    Inline Space 1
    Size
    2,468 SF
    Space
    Warehouse Space Available
    Size
    21,235 SF
    Space
    Inline Space 2
    Size
    1,981 SF

    HighLights

    • High‑visibility location with 24,390 vehicles passing daily.
    • King's Supermarket‑anchored shopping center.
    • Established, dominant shopping center in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2256279
    Latitude
    40.8346528

    Nearby Comparable

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    Nearby Similar for Lease

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      One bedroom apartment with updated kitchen, near Verona Park.
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      Retail Space with Drive Thru

      Available retail spaces with high traffic and drive-thru.
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      Retail Space with Drive Thru

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      Office Space Available For Rent

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    FAQs

    What type of property is this?
    Lifestyle center - Verona Warehouse Space: Retail & Industrial
    Where is this lifestyle center located?
    The property is located at 265-345 Pompton Ave Verona, NJ.
    What are key features of this property?
    This property features: High-visibility location with 24,390 vehicles passing daily.; King's Supermarket-anchored shopping center.; Established, dominant shopping center in the area.
    Request Owner's contact information
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    Verona, NJ 07044
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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
    265-345 Pompton Ave Verona, NJ 07044
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