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    OFF-MARKET
    Retail properties & Spaces

    2 Nj-31, Pennington, NJ 08534

    10,711 SF 2.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 2 NJ-31 in Pennington, New Jersey, offers 10,711 square feet of versatile space on a 2.5-acre lot. The property boasts 40 parking spaces, providing ample convenience for customers and employees. Its strategic location at a traffic signal ensures high visibility and accessibility, further enhanced by the availability of pylon signage. The diverse range of existing businesses in the immediate vicinity includes office spaces, banks with drive-thru facilities, childcare centers, schools, professional offices, a research laboratory, and a cannabis establishment, indicating a thriving and diverse commercial environment. This presents a unique opportunity for a variety of retail businesses seeking a prominent location in a well-established community. The property's size and ample parking make it suitable for a wide range of uses, from larger retail operations to smaller businesses seeking expansion. The high traffic count and visibility at the traffic signal intersection offer unparalleled exposure to potential customers. The existing infrastructure and diverse mix of businesses create a synergistic environment, promising strong potential for success. This property is offered for sale and presents a compelling investment opportunity in a desirable New Jersey location. The zip code is 08534, and the property is situated in Mercer County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,711 SF
    Lot 2.5 ac (108,900 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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