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    201 Kates Blvd Millville, NJ 08332

    Sponsored
    For Lease
    $30 SF/Yr

    Millville Office Space for Lease

    Lot size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 800-square-foot office space is located in Holly City Plaza, a six-unit commercial building at 201 Kates Blvd, Millville, NJ 08332. Built in 1980, the plaza sits on a 0.55-acre lot and offers ample parking with 22 spaces. Suite 209 is a single-tenant space ideal for a variety of businesses, including retail, professional offices, or service-oriented enterprises. The building enjoys a high-traffic location, adjacent to R.M. Bacon Elementary School and a Methodist Church, ensuring excellent visibility. Current tenants include a fast-food restaurant and a convenience store, creating a vibrant and established commercial environment. The space is available for lease on a triple net basis at a monthly rate of $2,000. The property's convenient location and ample parking make it an attractive option for businesses seeking a strong presence in Millville, New Jersey. The adaptable layout of Suite 209 allows for customization to suit diverse business needs. This is a fantastic opportunity to establish or expand your business in a thriving commercial center. The property offers a blend of established businesses and high foot traffic, creating a dynamic and promising environment for new tenants.

    Property Features for 201 Kates Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Size
    800 SF
    Rate per SF
    $30
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.032011133955
    Latitude
    39.387502664442

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    FAQs

    What type of property is this?
    Restaurant - Millville Office Space for Lease
    Where is this restaurant located?
    The property is located at 201 Kates Blvd Millville, NJ.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    Request Owner's contact information
    201 Kates Blvd Millville, NJ 08332
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    Millville, NJ 08332
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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
    201 Kates Blvd Millville, NJ 08332
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