Current Use by Public Records
- Retail properties & Spaces
Property Details for 708 North Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This 2,166 square foot retail space at 708 North Ave, Garwood, NJ 07027, offers a premium location anchored by 59 residential units and situated directly across from a ShopRite supermarket. The property boasts exceptional visibility and high traffic volume, with 18,461 vehicles passing daily (VPD). The strong demographics are a key advantage, with a substantial population of 390,000 residents within a 5-mile radius and a median household income of $93,000. This ensures a large and affluent potential customer base. The property benefits from its proximity to national brands such as Orangetheory Fitness and Massage Envy, further enhancing its appeal and attracting significant foot traffic. Its convenient location, steps away from the Garwood Train Station and close to major transportation arteries like the NJ Turnpike and Garden State Parkway, provides easy accessibility for both customers and employees. The property is a single-tenant retail store, offering a unique opportunity for a business seeking a high-visibility location in a thriving community. This is an exceptional opportunity for a business seeking a strategic location with strong potential for growth and success.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Garwood
- County
- Union
- State
- New Jersey
- Longitude
- -74.3311
- Latitude
- 40.6527
