461 Rte Randolph, NJ 07869
- Lifestyle centers
- 470,000 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 461 Rte
- Property size
- 470,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Morris
- State
- New Jersey
- Longitude
- -74.5647
- Latitude
- 40.8623
