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    625 Hamburg Tpke Wayne, NJ 07470

    Sponsored
    For Lease
    Contact for pricing

    20,193 SF Endcap Retail Space Available

    Lot size:
    20,193 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Plaza Square offers an exceptional 20,193 square foot endcap retail space available for sublease in Passaic County. This newly demised space boasts a fresh façade and benefits from a prime location with excellent visibility. The property features a new, signalized, full-turn access point on Hamburg Turnpike, ensuring easy ingress and egress for customers. Ample parking is available for both customers and employees. Further enhancing the property's appeal is the potential for adding a loading dock, a significant advantage for many retail operations. The space is strategically positioned alongside a new Aldi location, and enjoys proximity to a variety of established retailers including Trader Joe's, ShopRite, Stop & Shop, Whole Foods, and LA Fitness, creating a strong retail synergy and high foot traffic. The property also benefits from prominent pylon signage opportunities, maximizing visibility and brand recognition. The location enjoys a high average daily traffic count of 22,106 vehicles on Hamburg Turnpike, and a strong demographic profile with a three-mile median household income of $174,781. This sublease presents a unique opportunity to establish or expand a retail presence in a thriving commercial area with significant potential for success. The multiple tenancy structure offers flexibility and the chance to collaborate with other established businesses.

    Property Features for 625 Hamburg Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,193 SF

    Unit(s) available at that property

    Space
    Endcap Retail Space For Sublease
    Size
    20,193 SF

    HighLights

    • 20,193 SF of endcap retail space available for sublease in Passaic County.
    • Space features a new façade and newly demised space.
    • Possible addition of a loading dock.
    • New signalized, full‑turn access on Hamburg Turnpike, plus pylon signage and ample parking.
    • Strong retail co‑tenancy including Trader Joe's, ShopRite, Stop & Shop, Whole Foods, and LA Fitness.
    • High traffic location with 22,106 ADT on Hamburg Turnpike and a 3‑mile median household income of $174,781.
    Property Profile Location Intelligence

    Current Use by Public Records

    Plaza Square Shopping Mall AC Digital Hearing ... Hearing Aid Store

    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
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.21949805593
    Latitude
    40.955658261066

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    FAQs

    What type of property is this?
    Retail property - 20,193 SF Endcap Retail Space Available
    Where is this retail property located?
    The property is located at 625 Hamburg Tpke Wayne, NJ.
    What are key features of this property?
    This property features: 20,193 SF of endcap retail space available for sublease in Passaic County.; Space features a new façade and newly demised space.; Possible addition of a loading dock.
    Request Owner's contact information
    625 Hamburg Tpke Wayne, NJ 07470
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    Wayne, NJ 07470
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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
    625 Hamburg Tpke Wayne, NJ 07470
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