Property profile

50 Rte 10 East Hanover, NJ 07936

OFF-MARKET
Neighborhood centers
6,677 SF 1.44 ac lot Built 1989
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 50 Route 10 West in East Hanover, New Jersey. The property, a 6,677 square foot strip center, offers a vacant 1,955 square foot space ideal for a variety of retail uses. Built in 1989, the center boasts ample parking with 80 spaces available for customers and employees. The property sits on a 1.44-acre lot and is zoned B2, providing flexibility for potential tenants. The center's location on Route 10 West ensures high visibility and accessibility for customers. This is a fantastic chance to establish or expand your business in a thriving Morris County location. The existing building provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. The ample parking ensures convenient access for customers, contributing to a positive shopping experience. The B2 zoning offers a range of permitted uses, making this property suitable for a diverse range of retail businesses. Don't miss this opportunity to secure a prime retail space in a high-traffic area of East Hanover, New Jersey. The property's address is 50 Route 10 West, East Hanover, NJ 07936.

Property profile

Verified
Property type Neighborhood centers
Year built 1989
Total area 6,677 SF
Lot 1.44 ac (62,726 SF)

Cap rate & NOI

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

Location

50 Rte 10 East Hanover, NJ 07936
East Hanover metro
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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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