469 Rte 46 Wayne, NJ 07470
This exceptional free-standing retail building, formerly a Bloomingdale's Outlet, presents a unique investment opportunity in a high-traffic location. The property boasts a total of 49,367 square feet, with a net rentable area of 18,000 square feet also available separately. Situated in Wayne, New Jersey, at 469 Route 46 West, this prime retail space benefits from its strategic location adjacent to Willowbrook Mall and Wayne Town Center, ensuring high visibility and foot traffic. The building features over 200 feet of prominent store frontage, providing excellent signage opportunities. Ample parking is available for customers and employees. Its versatility makes it ideal for a variety of retail uses or even an entertainment venue. The property enjoys exceptional accessibility, situated at the crossroads of major thoroughfares: Route 23, Route 80, and Route 46, experiencing over 123,000 vehicles daily. This high-traffic location, combined with the building's size and visibility, makes it an attractive proposition for businesses seeking a strong retail presence in a thriving commercial area of Passaic County, NJ, zip code 07470. The property's location offers unparalleled access to a large consumer base.
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.