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Property profile & analytics
OFF-MARKET
Lifestyle centers

395 Mount Hope Ave Rockaway, NJ 07866

8,133 SF
Property ID
Property summary
AI-generated overview

Rockaway Town Plaza offers a prime retail opportunity within the bustling Rockaway Town Square Mall. This multi-tenant shopping center boasts a total of 8,133 square feet, with a significant 4,889 square feet currently available for lease. The space benefits from excellent visibility and accessibility, enjoying a prominent location directly on the mall's ring road, ensuring high foot traffic and convenient access for customers. Its strategic placement provides exceptional visibility from Route 80, a major thoroughfare with high daily traffic volume, maximizing exposure to potential customers. The property is situated in the affluent Morris County market, guaranteeing a strong customer base with high purchasing power. This presents a unique chance for businesses seeking a high-traffic location within a well-established and thriving shopping center environment. The available space is ideal for a variety of retail uses, offering ample room for expansion and growth. The property's location within Rockaway Town Square Mall provides access to a diverse range of existing businesses and a substantial customer base, creating a synergistic environment for new tenants. This is an exceptional opportunity to establish a presence in a highly desirable and successful retail location. The property's size and location make it an attractive option for businesses seeking to expand their reach within the Morris County market. The combination of high visibility, convenient access, and a strong customer base makes this retail space a truly exceptional investment opportunity.

Property profile
Verified
Property type Lifestyle centers
Total area 8,133 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
Current use
Occupant on record · Public records
  • Acai Express - Super Food Bowls (Rockaway, NJ) Restaurant
  • Tesla Supercharger Electric Vehicle Charging Station
  • Superfruit Bouquets & Gourmet Chocolate Dipped Fruit Food Processing Plant
  • Neighbor Fleet Parking Storage Facility
  • Rockaway Town Plaza Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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