1172 Hamburg Tpke Wayne, NJ 07470
This exceptional investment opportunity presents a fully leased, mixed-use property ideally situated at 1172 Hamburg Turnpike in Wayne, New Jersey. The Hamburg Pavilion encompasses 30,810 square feet across two single-story buildings on a 3.23-acre lot, boasting approximately 270 feet of frontage along a high-traffic commercial corridor (23,740 vehicles per day). The property features six tenants, including a strong mix of medical offices (CityMD, Trinity Rehab, Wayne Surgical Center), and service-oriented businesses (pizzeria, laundromat, salon). With a 100% occupancy rate and a weighted average remaining lease term of 4.5 years, this asset offers stable and predictable cash flow. The property benefits from ample surface parking (nearly 6 spaces per 1,000 square feet), recent renovations including façade updates, roof repairs, parking area improvements, and updated lighting and sidewalks. The location within Wayne, NJ, is highly desirable, characterized by a dense and affluent population (average household income nearing $200,000) and proximity to numerous national retailers such as ShopRite, Trader Joe's, Starbucks, and Chipotle. The property's Business District zoning (B) further enhances its long-term value and potential. Built in 1970, this property offers a compelling combination of established tenancy, strong location, and recent capital improvements, making it an attractive investment opportunity.
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Trinity Rehab - Wayne, NJ Medical Clinic
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CityMD Wayne Hamburg Urgent Care - New Jersey Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.