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    531 Rte Hanover, NJ 07981
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    531 Rte, Hanover, NJ 07981

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    • Retail properties & Spaces
    • 1,774 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 531 Rte

    Property type
    Retail properties & Spaces
    Property subtype
    Freestanding property

    Description

    This exceptional free-standing retail property, located at 531 Route 10 in Whippany, New Jersey, offers 1,774 square feet of versatile space, currently vacant and ready for immediate occupancy. Situated on a 0.7-acre lot in Morris County, this single-tenant building presents a unique opportunity for owner-occupiers or investors seeking a high-visibility location. The property boasts ample parking, with a ratio of 5 spaces per 1,000 square feet, ensuring convenient access for customers and employees. Its prime location on Route 10 provides excellent exposure to high traffic volume, making it ideal for a variety of retail businesses. The building's free-standing design offers excellent branding opportunities and independent control over the property's aesthetic and functionality. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. This is a rare opportunity to acquire a well-located, spacious retail building in a thriving New Jersey market. The 07981 zip code offers a strong demographic profile, further enhancing the property's investment potential. The property's size and layout are highly adaptable to a range of retail concepts. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Morris
    State
    New Jersey
    Longitude
    -74.413
    Latitude
    40.8219
    More about this property
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