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    691 Rte 1 Edison, NJ 08817

    Sponsored
    For Lease
    Contact for pricing

    Prime Edison retail space available.

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Captains Plaza, located at 691 Route 1 in Edison, New Jersey (zip code 08817), offers a prime retail opportunity within a bustling commercial area of Middlesex County. This single-tenant, strip shopping center boasts a total of 16,000 square feet, with 2,800 square feet currently available for lease. The property features ample parking, with a ratio of approximately 567 spaces per 1,000 square feet of building area. The property is classified as retail commercial space and is ideal for a variety of businesses seeking high visibility and convenient access. The location on Route 1 ensures significant foot traffic and excellent exposure to a large customer base. The available space presents a unique chance to establish or expand a retail presence in a thriving New Jersey market. This is a single-suite space within a larger shopping center, offering a blend of independence and the benefits of shared amenities and parking. The property's strategic location and substantial parking make it an attractive option for businesses seeking a strong foothold in the Edison area. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity.

    Property Features for 691 Rte 1

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,800 SF

    HighLights

    • Multi‑tenant shopping center in high‑traffic commuter location with excellent visibility and dual street access.
    • Convenient access to major highways: NJ Turnpike, Route 287, and Garden State Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3910477
    Latitude
    40.5087648

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    FAQs

    What type of property is this?
    Strip mall - Prime Edison retail space available.
    Where is this strip mall located?
    The property is located at 691 Rte 1 Edison, NJ.
    What are key features of this property?
    This property features: Multi-tenant shopping center in high-traffic commuter location with excellent visibility and dual street access.; Convenient access to major highways: NJ Turnpike, Route 287, and Garden State Parkway.;
    Request Owner's contact information
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    Edison, NJ 08817
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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
    691 Rte 1 Edison, NJ 08817
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