76 Nj-23, Franklin, NJ 07416
This exceptional restaurant property boasts a prime location directly off Route 23, a major highway with thousands of daily commuters providing unparalleled visibility and accessibility. Previously a fast-food establishment, this single-tenancy space offers a rare opportunity within a thriving mini-mall development. The property benefits from excellent exposure due to its proximity to high-profile national brands such as T-Mobile, ShopRite, Dollar Tree, and Mattress Firm, creating potential for synergistic cross-marketing and increased customer traffic. The mini-mall offers ample parking with over one hundred spaces available for patrons. This high-traffic location ensures significant foot and vehicle traffic, making it an ideal space for a variety of restaurant concepts. The property's drive-thru feature further enhances convenience and efficiency for customers. This is a truly exceptional opportunity to establish a successful restaurant business in a high-demand area with significant existing brand recognition and customer flow. The property's strategic placement and ample parking make it a highly desirable location for any restaurant operator seeking maximum exposure and accessibility. Don't miss this chance to secure a prime location on a busy highway.
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
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.