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    OFF-MARKET
    Retail properties & Spaces

    161 Main St, West Orange, NJ 07052

    18,537 SF
    Property ID
    Property summary
    AI-generated overview

    The Shoppes at Edison Village in West Orange, New Jersey, presents a unique retail opportunity. This prime location at 161 Main St, 07052 boasts 18,537 square feet of retail space, currently featuring two suites. Two spaces are immediately available, ranging from a minimum of 2,188 square feet to a maximum contiguous space of 2,908 square feet. A total of 5,096 square feet is currently vacant, offering flexibility for various restaurant concepts. The property benefits from a strong tenant base and ample parking with 90 spaces available for customers and employees. This vibrant location is further enhanced by its proximity to a significant residential community, providing a built-in customer base. Residents enjoy access to 31,700 square feet of amenities, including a courtyard, gym, pool, doggie spa, sky lounge, saunas, and movie theaters, creating a high-traffic, desirable area for businesses. This presents a compelling opportunity for businesses seeking high visibility and a strong customer base in a thriving community. The property's strategic location and extensive amenities make it an ideal setting for a successful restaurant venture. Serious inquiries are encouraged to explore this exceptional retail space.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 18,537 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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