Technical
Financial
Distress signals
Property profile

33 Union Pl Summit, NJ 07901

OFF-MARKET
Retail properties & Spaces
15,000 SF
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Property summary

AI-generated overview

This exceptional three-story commercial building, located at 33 Union Place in Summit, New Jersey, offers a unique opportunity to lease prime executive office space. The building boasts a total of 15,000 square feet, with 2,500 square feet currently available for lease. The property is classified as both retail and office space, making it ideal for a variety of businesses. The building features convenient street parking and access to a nearby municipal lot, eliminating parking concerns for tenants and their clients. Internal building amenities include elevators for easy access to all three floors. The building's location in Union County, New Jersey, provides easy access to major transportation routes and a vibrant business community. The available space is perfect for businesses seeking a modern and efficient workspace in a desirable location. The multiple tenancy structure ensures a diverse and dynamic environment. This is an excellent opportunity to establish a presence in a thriving New Jersey market. The 07901 zip code offers a highly desirable address for businesses seeking to attract top talent and clients. Don't miss this chance to secure this exceptional office space in Summit. Inquire today to learn more about leasing options and availability.

Property profile

Verified
Property type Retail properties & Spaces
Total area 15,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Cafe & Coffee Shop
  • Training Center Tutoring Service
  • Medical Clinic
  • Electronics & Wireless Store

Location

33 Union Pl Summit, NJ 07901
Summit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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