Property profile

76 Nj-23 Franklin, NJ 07416

OFF-MARKET
Restaurants
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Restaurants

Cap rate & NOI

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

Location

76 Nj-23 Franklin, NJ 07416
Franklin 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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