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    OFF-MARKET
    Retail properties & Spaces

    1376 Nj-23, Butler, NJ 07405

    Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,580 square foot retail space, located at 1376 NJ-23 in Butler, New Jersey (zip code 07405), presents a unique opportunity for businesses seeking high visibility and accessibility. Built in 1980, this single-story, freestanding building offers a fully built-out, flexible floor plan adaptable to various uses, including fitness centers, food preparation businesses, retail distribution centers, and personal service providers. The property boasts a highly visible monument sign, ensuring excellent brand exposure to the substantial traffic on Route 23. Ample parking is available, exceeding industry standards with a 7.37 spaces per 1,000 square feet ratio. Convenient overhead garage loading access further enhances operational efficiency. Currently, 3,580 square feet are available for immediate occupancy, with an additional 6,900 square feet vacant within the building. This end-cap location offers exceptional visibility and accessibility, making it an ideal choice for businesses aiming to establish a strong presence in a high-traffic area. The property is offered at a below-market price, representing a significant value proposition for discerning tenants. Don't miss this chance to secure a premium location at a discounted rate. The space is available for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1980
    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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