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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

508 North Ave Garwood, NJ 07027

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
  • Hands of Life Martial Arts Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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