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    OFF-MARKET
    Retail properties & Spaces

    0 Grand & Division St, Elizabeth, NJ 07201

    7,435 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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