Property profile

1714 Route 1 Rahway, NJ 07065

OFF-MARKET
Retail properties & Spaces
3,250 SF 0.67 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,250 square foot freestanding building situated on a 0.67-acre lot in Rahway, New Jersey. Located at 1714 Route 1, this property boasts 174 feet of prime frontage on Route 1, ensuring high visibility and accessibility for customers. The building previously housed a Burger King franchise, featuring a convenient drive-thru lane. Ample parking is available with 26 spaces provided on-site. The property is zoned for QSR/Fast Food and Restaurant uses, offering flexibility for a variety of potential tenants or continued operation as a quick-service restaurant. The asking price for this turnkey operation is $2,500,000. This represents a significant opportunity to acquire a well-located, established commercial property in a thriving market. The property's size, location, and existing infrastructure make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment. The high traffic count on Route 1 guarantees substantial exposure, making this a truly exceptional opportunity in the competitive fast-food market. The property is ready for immediate occupancy or redevelopment, offering a versatile platform for future growth and profitability. Detailed financial information is available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,250 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

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

Location

1714 Route 1 Rahway, NJ 07065
Rahway metro
Google Maps

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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