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    OFF-MARKET
    Commercial real estate

    Highway Ter, Edison, NJ 08837

    Property ID
    Property summary
    AI-generated overview

    This exceptional restaurant space, situated on heavily trafficked U.S. Highway 1 in Edison, New Jersey, presents a remarkable opportunity for both franchise and independent restaurant operators. Boasting a highly visible free-standing building with a large, illuminated sign, this property benefits from approximately 93,000 vehicles passing daily. Its strategic location across from the Menlo Park Mall ensures consistent foot traffic and high brand visibility. The property includes abundant on-site parking for customer convenience. The interior is nearly fully equipped, offering a turnkey solution for immediate operation. Alternatively, the space provides ample opportunity to design and build a restaurant from the ground up, tailored to your specific vision and brand. This location is part of a thriving restaurant community, surrounded by numerous successful franchises. The surrounding area boasts exceptional demographics, with over 315,000 people residing within a 5-mile radius and an average household income exceeding $162,000 within a 1-mile radius. This prime location, combined with its existing infrastructure and strong surrounding demographics, makes this an unparalleled opportunity for a successful restaurant venture. The asking lease price is $25,000. The property is located in close proximity to the North Edison/Iselin shopping district, further enhancing its appeal and accessibility.

    Property profile
    Verified
    Property type Commercial real estate
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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