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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    175 Lakeside Blvd, Landing, NJ 07850

    41,596 SF 9 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US59-1014372
    Property summary
    AI-generated overview

    Lakeside Plaza, a 64,000 square foot shopping center, presents a prime retail investment opportunity in Morris County. This multi-tenant property boasts a highly visible location in the heart of the Lake Hopatcong shopping district, offering excellent accessibility and high traffic volume. Currently, 53,513 square feet of space is available, divisible into units ranging from 1,213 to a maximum contiguous 34,900 square feet. Twelve individual spaces are currently available for lease. The center's former anchor tenant was Pathmark, establishing a strong foundation for future success. Ample parking is provided with 400 spaces available for customers and employees. Its strategic location offers easy access to major transportation arteries, including proximity to Exit 28 of I-80 (5 miles), Route 206 (4 miles), Route 46 (2 miles), and Route 10 (3 miles). This presents a unique chance to establish or expand a business in a thriving lakeside community with significant foot traffic and convenient access for customers. The property's size and flexibility make it suitable for a variety of retail concepts. Inquire today to learn more about this exceptional retail opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 41,596 SF
    Lot 9 ac (392,040 SF)
    Zoning code B-3
    APN 36 10901-0000-00008
    UPID US59-1014372
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.70M
    Comparable Approach Comparable
    $5.13M
    Blend (final) Blend
    $4.83M
    Owner & transaction history
    Forsons Partners LLC · 2 yrs held
    Forsons Partners LLC
    since 2023
    6 recorded transactions
    2023
    2016
    1969
    1969
    1969
    1969
    Zoning & alternative use
    B-3 · Landing, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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