0 Grand & Division St, Elizabeth, NJ 07201
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.
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.