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Property profile & analytics

Highway Ter Edison, NJ 08837

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Highway Ter

Property type
Commercial real estate

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Edison
County
Middlesex
State
New Jersey
Longitude
-74.3651
Latitude
40.5204
More about this property
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