Technical
Financial
Distress signals
Property profile

1620 Oak Tree Rd Edison, NJ 08820

OFF-MARKET
Commercial real estate
Property ID
US59-0389658
0.73 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 13,738-square-foot freestanding retail building located at 1620 Oak Tree Road in Middlesex County is currently available for lease. The property boasts a highly desirable single-tenant occupancy, offering complete control and flexibility for the new occupant. Its prime corner location ensures excellent visibility and accessibility, further enhanced by prominent pylon signage. Ample private parking is available for customers and employees, adding to the convenience and appeal of this location. The building is a single-story structure, providing easy navigation and efficient use of space. The property's strategic location places it in close proximity to several established national retailers, including Exxon, Bank of America, and Burger King, creating a strong synergy and high foot traffic potential. This ensures a robust customer base and increased brand awareness for the tenant. The lease expiration date is January 31, 2041. All leases must be coterminous. This presents a unique opportunity for a business seeking a well-positioned, high-visibility retail space with significant long-term potential. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.73 ac (31,752 SF)
Zoning code GB
APN 05 00546- 02-00043- 01
UPID US59-0389658

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
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Postal Service Courier Service
  • Bank Credit Union
  • Atm

Location

1620 Oak Tree Rd Edison, NJ 08820-2821
Edison metro Census 1409 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2017
$12.8M
2014
$3.3M
2010
$572,700
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Edison, NJ

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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