Property profile

354-412 Rte East Hanover, NJ 07936

OFF-MARKET
Lifestyle centers
150,000 SF
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Property summary

AI-generated overview

Castle Ridge Plaza, a prime Morris County retail property, offers exceptional leasing opportunities. This anchored shopping center boasts a total of 150,000 square feet, providing a diverse range of retail spaces. Currently, three suites are available for lease, with sizes ranging from a minimum of 2,656 square feet to a maximum contiguous space of 11,000 square feet. A total of 18,856 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property benefits from a highly visible location in the heart of the market, enhanced by prominent pylon signage, ensuring maximum exposure for your business. The center's multiple tenancy structure creates a vibrant and synergistic shopping environment. This is an ideal location for businesses seeking high visibility and strong foot traffic in a thriving retail area of Morris County. The flexible space options cater to a variety of business needs, from smaller boutique stores to larger retail operations. Interested parties are encouraged to inquire about available spaces and lease terms. The property's strategic location and prominent signage make it an exceptional investment opportunity for businesses seeking to establish or expand their presence in a bustling retail market.

Property profile

Verified
Property type Lifestyle centers
Total area 150,000 SF

Cap rate & NOI

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

Location

354-412 Rte 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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