461 Rte Randolph, NJ 07869
Ledgewood Commons, located at 461 Route 10 in Randolph, New Jersey (zip code 07869), presents a compelling retail investment opportunity. This anchored shopping center boasts a total of 470,000 square feet, offering multiple suites for lease. Currently, there are 24,140 square feet of vacant space available, divisible into units ranging from a minimum of 1,535 square feet to a maximum contiguous space of 10,936 square feet. The property is categorized as a multi-tenant retail space situated in Morris County. Ample parking is provided, with a ratio of 4.5 spaces per 1,000 square feet of building area. The property's location in Randolph, New Jersey, offers excellent visibility and accessibility along Route 10. This presents a unique chance to establish or expand a retail presence in a thriving commercial area. The four existing suites provide a flexible layout adaptable to various retail concepts. Interested parties are encouraged to explore the potential of this well-positioned retail center. The property is available for lease. Further details regarding lease terms and conditions are available upon request.
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
Similar Nearby for Sale
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.