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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

129 Nj-31 Pennington, NJ 08534

10,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail property at 129 Route 31 North, Unit 2, offers 10,000 square feet of versatile space, perfect for a variety of uses. Currently configured for multiple tenants, two spaces are immediately available, ranging from 1,950 to 2,200 square feet. The property is ideally suited for a cafe, coffee shop, deli, convenience store, bakery, gym, therapy practice, medical office, sales showroom, salon, dry cleaner, or educational facility. The location boasts ample parking and benefits from the adjacency of a liquor store, ensuring high foot traffic and strong public demand. Leasing is available at a rate of $25.00 per square foot, plus CAM (to be determined). The spaces are turnkey ready, allowing for a quick and efficient start to your business. Occupancy is contingent upon the completion of space division. A customary tenant application process is required, along with a two-month security deposit in addition to the first month's rent. Additional retail space is also available within the 10,000 square foot building, offering expansion opportunities for growing businesses. This single-story building presents a fantastic opportunity for businesses seeking a high-visibility location with strong potential for success.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,000 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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