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148 Center Grove Rd Randolph, NJ 07869

OFF-MARKET Lifestyle centers Google Maps
75,866 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail property, located at 148 Center Grove Road in Randolph, New Jersey, offers 75,866 square feet of prime retail space within a shopping center setting. The property features two suites currently available, providing flexible options for prospective tenants. Individual spaces range from a minimum of 1,393 square feet to a maximum contiguous space of 1,429 square feet. A total of 2,822 square feet is currently vacant, presenting a significant opportunity for expansion or new business ventures. The property is situated in Morris County, offering excellent access to a thriving community and strong consumer base. The address is conveniently located at 148 Center Grove Road, Randolph, NJ 07869. This location provides easy access to major transportation routes, ensuring high visibility and convenient access for customers. The property's multiple tenancy structure provides a diverse and vibrant shopping environment, attracting a wide range of shoppers. This is an ideal opportunity for businesses seeking a well-established location with ample space and high foot traffic potential. The property is categorized as a retail shopping center, offering a ready-made infrastructure for retail operations. The available space is perfect for a variety of retail uses, providing flexibility for businesses of different sizes and needs. This is a rare opportunity to secure prime retail space in a desirable location.

Property profile

Verified
Property type Lifestyle centers
Total area 75,866 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pharmacy
  • Take-out & Catering Catering Service
  • Atm
  • Restaurant
  • General Contractor Renovation Specialist

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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