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    OFF-MARKET
    Warehouses

    265-345 Pompton Ave, Verona, NJ 07044

    209,331 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a prime Verona, NJ commercial property, the Pilgrim Shopping Center, located at 265-345 Pompton Ave, 07044. This multi-tenant property boasts a total of 209,331 square feet, offering a blend of retail and industrial warehouse space. The building is comprised of three suites, with a flexible layout accommodating various business needs. Currently, there are 25,684 square feet of vacant space available, offering immediate occupancy potential. Two spaces are immediately available, measuring 1,981 and 2,468 square feet respectively. The minimum divisible space is 1,981 square feet, while the maximum contiguous space available is 21,235 square feet, providing scalability for expanding businesses. The property's classification as both retail and industrial makes it highly versatile, suitable for a wide range of commercial enterprises. Situated in Essex County, New Jersey, this property benefits from excellent accessibility and visibility. This is an ideal opportunity for businesses seeking a well-located, adaptable space in a thriving community. The property is categorized as a shopping center with warehouse space on both the first and second floors.

    Property profile
    Verified
    Property type Warehouses
    Total area 209,331 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
    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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