508 North Ave Garwood, NJ 07027
- Retail properties
Current Use by Public Records
- Hands of Life Martial Arts / Martial Arts School
Property Details for 508 North Ave
- Property type
- Retail properties
Description
This exceptional 1,880 square foot retail space in Garwood, NJ, presents a unique investment opportunity. Boasting a premium location anchored by a 59-unit residential complex and directly across from a ShopRite supermarket, this property enjoys unparalleled visibility and high traffic volume, averaging 18,461 vehicles per day. The strong demographics are undeniable, with 390,000 residents and a median household income of $93,000 within a 5-mile radius. This ensures a substantial and affluent customer base. The property's strategic location is further enhanced by its proximity to national brands such as Orangetheory Fitness and Massage Envy, creating a synergistic retail environment. Conveniently situated steps from the Garwood Train Station and close to major transportation arteries like the NJ Turnpike and Garden State Parkway, this location offers exceptional accessibility for both customers and employees. This single-tenant retail space is ideal for a variety of businesses seeking a high-traffic, high-visibility location in a thriving community. The combination of strong demographics, convenient location, and high visibility makes this property a truly exceptional investment opportunity. Don't miss out on this chance to secure a prime retail space in a rapidly growing market.
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
- Garwood
- County
- Union
- State
- New Jersey
- Longitude
- -74.3296
- Latitude
- 40.6529
