200 Monticello Ave, Jersey City, NJ 07304
This exceptional 2,331 square foot retail space, situated in a brand-new, five-story mixed-use building at 200 Monticello, presents a remarkable opportunity for discerning businesses. Scheduled for completion in early January 2025, this corner unit boasts unparalleled visibility on a main retail thoroughfare, ensuring high foot traffic and maximum brand exposure. The building features modern construction and elevators, providing a comfortable and accessible environment for both customers and staff. This space is perfect for a variety of retail uses, from restaurants to medical offices. The property benefits from a rapidly expanding residential area, with over 1,500 new apartments planned for the immediate vicinity within the next few years, guaranteeing a substantial and growing customer base. The lease rate does not include utilities, property expenses, or building services. Central air conditioning is included. This is a build-to-suit opportunity in a prime location. Don't miss the chance to establish your business in this thriving neighborhood. Secure your space today.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.