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    293 Us-206 Mount Olive, NJ 07836

    For Lease
    Contact for pricing

    Prime Morris County Retail Space Available

    Lot size:
    138,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at 293 Route 206 in Mount Olive, New Jersey, 07836. The property, a neighborhood center, offers a total of 138,060 square feet of retail space with ample parking for 800 vehicles. Currently, there are three spaces available, ranging in size from a minimum of 1,200 square feet to a maximum contiguous space of 8,859 square feet. A total of 12,930 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property's strategic location in Morris County provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The building is well-maintained and offers a flexible layout adaptable to various retail needs. The ample parking ensures convenient access for customers and employees. This is a rare opportunity to secure prime retail space in a thriving New Jersey market. The property is situated at 293 US-206, offering convenient access for customers and employees. This location provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. Serious inquiries are encouraged to explore this exceptional retail opportunity.

    Property Features for 293 Us-206

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    138,060 SF

    Unit(s) available at that property

    Space
    Suite 5
    Size
    8,859 SF
    Space
    Suite 1B
    Size
    2,493 SF
    Space
    Suite 13
    Size
    1,578 SF

    HighLights

    • Available immediately for lease.
    • Three retail spaces available: 8,859 SF, 2,493 SF, and 1,578 SF.
    • 138,060 SF neighborhood center.
    • Anchored by Weis Supermarket.
    • Excellent visibility and accessibility with abundant parking (800+ spaces).
    • Located at a signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    Mount Olive
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7086953
    Latitude
    40.8320916

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Morris County Retail Space Available
    Where is this neighborhood center located?
    The property is located at 293 Us-206 Mount Olive, NJ.
    What are key features of this property?
    This property features: Available immediately for lease.; Three retail spaces available: 8,859 SF, 2,493 SF, and 1,578 SF.; 138,060 SF neighborhood center.
    Request Owner's contact information
    293 Us-206 Mount Olive, NJ 07836
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    Mount Olive, NJ 07836
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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
    293 Us-206 Mount Olive, NJ 07836
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