480 State Rte Hanover, NJ 07981
This exceptional 4,195 square foot retail space presents a unique opportunity in the thriving Whippany Village, Morris County, New Jersey. The property boasts a single-tenant occupancy, offering complete flexibility for a wide range of businesses. Currently vacant, this expansive space is ready for immediate occupancy and customization to suit your specific needs. Its strategic location within Whippany Village offers significant advantages, including proximity to a newly constructed 46-unit apartment complex, ensuring a robust and growing customer base. The property's ample square footage allows for a variety of retail configurations, from a large flagship store to multiple smaller businesses. The building's design and layout are adaptable, providing the potential for a highly functional and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and access to a dynamic and expanding community. The property is classified as commercial retail and is situated on State Route 10, providing excellent accessibility and visibility to a high volume of traffic. This location offers unparalleled potential for growth and success in a vibrant and rapidly developing area. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is ready for immediate occupancy.
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
Similar Nearby for Lease
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.