Property profile

58-62 Rte East Hanover, NJ 07936

OFF-MARKET
Retail properties & Spaces
4,000 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 58-62 Route 10 in East Hanover, New Jersey, offers a single, readily available space perfect for a variety of businesses. The building's total area encompasses 4,000 square feet, with 2,400 square feet currently vacant and immediately available for lease. This contiguous space presents a significant opportunity for a tenant seeking a substantial presence in a high-traffic location. The property is classified as multi-tenant, although only one suite is currently available. Situated in Morris County, this location benefits from excellent visibility and accessibility along Route 10, a major thoroughfare ensuring high foot traffic and convenient access for customers. The property's address is 58-62 Route 10, East Hanover, NJ 07936. The space is ideal for a business requiring a minimum of 2,400 square feet, offering ample room for operations and expansion. This is a rare opportunity to secure a prominent retail space in a desirable East Hanover location. The property's convenient location and substantial square footage make it an attractive option for businesses seeking to establish or expand their presence in a thriving commercial area. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,000 SF

Cap rate & NOI

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

Location

58-62 Rte East Hanover, NJ 07936
East Hanover metro
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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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