265-345 Pompton Ave, Verona, NJ 07044
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.
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
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.