Highway Ter, Edison, NJ 08837
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.
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
Similar Nearby for Lease
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.