1376 Nj-23, Butler, NJ 07405
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.
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
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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.