129 Nj-31 Pennington, NJ 08534
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.
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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
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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.