Property profile

838 Grand St Elizabeth, NJ 07201

OFF-MARKET
Retail properties & Spaces
Built 1980
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Property summary

AI-generated overview

This 405 sq. ft. single-tenant retail space, located at 838 E Grand St, Elizabeth, NJ 07201, presents a fantastic opportunity for a variety of businesses. Built in 1980, this Union County property is situated within the Extra Supermarket, ensuring high foot traffic and convenient customer access. The space boasts its own bathroom and a rolling window, ideal for customer interaction and product display. All major utilities and property taxes are included in the rental price, simplifying operations and reducing overhead. Ample parking is available for customers, further enhancing convenience. The high visibility location within a bustling supermarket makes this space perfect for businesses such as pharmacies, optical shops, nail or hair salons, or phone companies. This vibrant and accessible space offers excellent potential for growth and success. The property is a single-tenant space within a larger strip mall. This turnkey solution allows businesses to focus on their operations, rather than property management concerns. The strategic location and included amenities make this an exceptional opportunity for a business seeking a thriving retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Atm Currency Exchange Service
  • Bank Credit Union
  • Bank Credit Union
  • Bank Credit Union

Location

838 Grand St Elizabeth, NJ 07201
Elizabeth metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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