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1161 Rte 23 Kinnelon, NJ 07405

OFF-MARKET Neighborhood centers Google Maps
12,045 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail opportunity is located at 1161 Route 23 South in Kinnelon, New Jersey, within Morris County. The property is a strip center featuring a total of 12,045 square feet, currently offering two available suites for lease. Each suite offers ample space, with a minimum divisible space of 1,408 square feet and a maximum contiguous space of 2,665 square feet. A total of 4,073 square feet is currently vacant, presenting a significant opportunity for expansion or new tenancy. The property boasts abundant parking, ensuring convenient access for customers and employees. The property's prime location on Route 23 South provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property type is classified as Retail, and the subtype is a Strip Center with multiple tenancies. The property's address is 1161 Route 23 South, Kinnelon, NJ 07405. This is a fantastic chance to secure a well-situated retail space in a thriving New Jersey community. The property's convenient location and ample parking make it an attractive option for businesses seeking high visibility and customer convenience. Don't miss this opportunity to establish your business in this desirable location.

Property profile

Verified
Property type Neighborhood centers
Total area 12,045 SF

Cap rate & NOI

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

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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