68 Nj-23 Franklin, NJ 07416
This exceptional 1,900 square foot creative office space enjoys a highly visible location on State Route 23, the first commercial building encountered upon entering Franklin Borough. Its single-tenant occupancy offers flexibility and control. The property boasts 11-foot ceilings and convenient access via a side double door, perfect for loading and unloading. Ample parking is provided with 30 spaces available. The strategic location benefits from extremely high traffic counts and proximity to Crystal Springs Golf Resort. This prime retail space is surrounded by a thriving commercial environment, including major national brands such as T-Mobile (next door), Starbucks, Walmart, Weis Supermarket, and many more. Nearby businesses also include QuickChek with a gas station, Circle K, Speedway, Dunkin' Donuts, Taco Bell, Wine Country, Advance Auto Parts, Mavis Discount Tire, Walgreens, Dollar Tree, McDonald's, ShopRite, Staples, Wendy's, Chase, TD Bank, Burger King, and Sleepy's. This presents a unique opportunity to establish a business in a high-traffic area with excellent visibility and strong neighboring businesses. The property is classified as Retail, Office, and Special Purpose, making it suitable for a variety of uses.
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
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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.