1105 New Jersey 10 Randolph, NJ 07869
- Retail properties
- 9,040 SF
- 2.32 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1105 New Jersey 10
- Year built
- 1950
- Lot size
- 2.32 lot acres
- Property size
- 9,040 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Exceptional investment opportunity: a 9,040-square-foot restaurant located at 1105 New Jersey Route 10 in Randolph, Morris County, NJ (zip code 07869). This single-tenant, NNN-lease property sits on a 2.32-acre lot with 54 parking spaces and boasts 414 feet of frontage on Route 10, a major thoroughfare with an estimated 30,796 vehicles per day. Built in 1950, the building features a finished restaurant space, a sizable second floor (approximately 6,880 square feet) offering potential rental income, and a basement storage area (approximately 1,368 square feet). The property is zoned for commercial use and enjoys convenient access to Routes 46, 202, and 80. Seller financing is available. Beyond its current use, the property presents redevelopment potential for various retail uses, including daycares, veterinary hospitals, and schools. This prime location in one of New Jersey's fastest-growing counties makes this a compelling investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Randolph
- County
- Morris
- State
- New Jersey
- Longitude
- -74.6197
- Latitude
- 40.8567
