8 Franklin StBloomfield, NJ 07003

Property Details for 8 Franklin St

Year built

2002

Lot size

10.65 AC

Zone code

CC

Property type

Office properties

Property subtype

Other office properties

APN

02 00392-0000-00050-0000-C0003

APU

02003920000000500000C0003

Description

This exceptional retail leasing opportunity is located inside a high-traffic Stop & Shop in Bloomfield, NJ (07003), at 8 Franklin St. The 500 square foot space offers a prime, front-of-store location providing unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept boasts a range of benefits, including a strategic placement for maximum customer interaction and a simple all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities. Branding opportunities are available, both inside and outside the store. The location benefits from exceptional demographics within a thriving trade area. Ideal for businesses such as financial institutions, service businesses (e.g., pack & ship, repair services), health and wellness providers, insurance, and real estate. Prohibited uses include food and beverage services, restaurants, and smoke shops. This is a unique opportunity to position your business in one of the Northeast's most well-known grocery store destinations. The property is a multiple tenancy retail space in Essex County.

• CAP approach

  CAP return

  Valuation

  6%

  $76,698,840

  6.5%

  $70,798,928

  7%

  $65,741,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,615,004

  Geo Method

  $60,615,004

• Alternative Use

  Use

  Valuation

  Residential

  $87,790,672

  Hospitality

  $80,415,784

  Educational

  $66,904,988

  Medical

  $69,205,952

  Retail

  $104,074,424

Location Insight

City

Bloomfield

County

Essex

State

New Jersey

Latitude

40.8458

Longitude

-74.2803

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.