Property profile

0 Grand & Division St Elizabeth, NJ 07201

OFF-MARKET
Retail properties & Spaces
7,435 SF
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Property summary

AI-generated overview

This exceptional 7,435-square-foot retail space in Pointe Grande Plaza, located in Union County, presents a prime leasing opportunity. Previously occupied by a junior anchor beauty store, this single-tenant space is ready for immediate occupancy. The property benefits from a highly visible location at two traffic-light controlled intersections, ensuring maximum exposure to the substantial daily traffic flow of over 20,000 vehicles. The center enjoys a strong anchor tenant lineup, including a 25,000-square-foot Extra Supermarket, along with popular national chains such as Dollar General, Popeyes, and Subway. This strategic positioning within the only grocery-anchored center east of Route 1 provides access to a significant trade area exceeding 50,000 shoppers. The property's high visibility, strong co-tenancy, and substantial daily traffic make it an ideal location for a variety of retail businesses seeking to establish a presence in a thriving commercial area. The entire 7,435 square feet is currently vacant and available for lease. This presents a unique opportunity to secure a prominent retail space in a well-established and highly trafficked shopping center. The property's location and the strength of its anchor tenants offer significant potential for growth and success.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,435 SF

Cap rate & NOI

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

Location

Grand & Division St Elizabeth, NJ 07201
Elizabeth metro
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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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