1161 Rte 23, Kinnelon, NJ 07405
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.
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.