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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2A Hanover Ave Randolph, NJ 07869

8,400 SF
Property ID
Property summary
AI-generated overview

This exceptional 8,400 square foot medical office building, located at 2A West Hanover Avenue in Randolph, New Jersey, presents a unique leasing opportunity. Situated in Morris County, this freestanding, single-suite property offers ample parking for tenants and visitors. The building is currently entirely vacant, providing a blank canvas for a discerning medical practice or related business. The flexible space allows for customization to meet specific needs, ranging from a smaller 1,200 square foot suite to the entire 8,400 square foot building. The property is classified as both retail and office, offering versatility in its potential uses. Its convenient location in Randolph, NJ, zip code 07869, ensures excellent accessibility for patients and staff. The "outparcel pad" designation suggests convenient access and visibility. This is an ideal opportunity for a medical practice seeking a prominent location with ample space and parking in a thriving community. The property's classification as a "freestanding" building offers enhanced visibility and independence. The entire building is available for lease, presenting a rare chance to establish a significant presence in a desirable market. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 8,400 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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