2920 New Jersey 10 Morris Plains, NJ 07950
Pelican Plaza West, located at 2920 New Jersey 10 in Morris Plains, NJ 07950, offers exceptional retail space for lease. This 70,000 square foot shopping center presents a fantastic opportunity for businesses seeking high-visibility locations in Morris County. Currently, there are multiple spaces available, ranging from a minimum of 2,427 square feet to a maximum contiguous space of 12,590 square feet. A significant 29,827 square feet is currently vacant, providing flexibility for various retail concepts. The property's convenient location on New Jersey Route 10 ensures high traffic volume and excellent exposure to potential customers. The property is classified as a shopping center and offers a multi-tenant environment. This presents a unique opportunity to establish a presence in a thriving retail hub within Morris County, New Jersey. Interested parties are encouraged to inquire about available space and lease terms. The property's latitude and longitude coordinates are 40.8616962, -74.4927671 respectively.
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.
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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.