Technical
Financial
Distress signals
Property profile

1710 Oak Tree Rd Edison, NJ 08820

FOR SALE
Commercial real estate
Property ID
US59-0044486
1.33 ac lot
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This turnkey Indian restaurant presents a fantastic investment opportunity in Edison, New Jersey. Located at 1710 Oak Tree Road, this 4,400 square foot corner property boasts a prime location with 40 dedicated parking spaces, ensuring ample customer convenience. The restaurant is fully equipped with all furniture, fixtures, and equipment (FF&E) included in the sale price of $375,000. The spacious interior comfortably seats 95 patrons. Operational efficiency is maximized with the inclusion of a walk-in cooler and a walk-in freezer, both essential for food storage and preparation. All equipment is new, minimizing the need for immediate capital expenditures. The current lease agreement offers significant security with 4 years remaining on the sublease, plus a 5-year extension option. This provides a long-term outlook for the business, minimizing lease-related uncertainties. The property is situated in Middlesex County, New Jersey, with the precise address being 1710 Oak Tree Road, Edison, NJ 08820. This established restaurant is ready for immediate operation, presenting a unique chance to acquire a profitable business with minimal start-up costs. The location's visibility and ample parking make it an attractive destination for diners. This is a rare opportunity to own a well-established, fully equipped restaurant in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.33 ac (57,978 SF)
Zoning code GB
APN 05 00546- 09-00036
UPID US59-0044486

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
  • Restaurant
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Clothing Store

Location

1710 Oak Tree Rd Edison, NJ 08820
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
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2013
7 recorded transactions
2013
Price N/A
2007
Price N/A
2006
Price N/A
2006
Price N/A
2004
$2.1M
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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