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Property profile & analytics
OFF-MARKET Estimated value $505,000
Super regional malls

700 Plz Dr Secaucus, NJ 07094-3604

8.07 ac lot Built 1984
Entity Owned 11-yr Hold Free & Clear
Property ID
US59-2462594
Property summary
AI-generated overview

The Plaza at Harmon Meadow, located at 700 Plaza Drive in Secaucus, New Jersey (zip code 07094), offers a unique retail and restaurant investment opportunity. This multi-tenant shopping center boasts a total of 188,724 square feet, with 8,324 square feet currently vacant and immediately available for lease. The available space is contiguous, providing flexibility for a variety of uses. Space sizes range from 405 square feet to the maximum contiguous 8,324 square feet, catering to businesses of various scales. The property's prime location in Secaucus, New Jersey, ensures high visibility and accessibility for potential tenants. The property is classified as both retail and restaurant space, making it suitable for a wide range of businesses. The former restaurant space presents a unique opportunity for a new culinary concept or a business seeking a ready-made space. This is an exceptional chance to secure a prominent location within a well-established shopping center in a thriving New Jersey market. The property's address is easily accessible via major roadways, ensuring convenient access for customers and employees alike. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1984
Lot 8.07 ac (351,529 SF)
Zoning code RC
APN 09 00227-0000-00005-0306-HM
UPID US59-2462594
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
Current use
Occupant on record · Public records
  • Vision Wine & Spirits Brewery & Distillery Big Box & Wholesale Store
  • Subway Take-out & Catering Catering Service
  • Starbucks Cafe & Coffee Shop
  • Mc Cutcheon Associates Construction Company General Contractor
  • Law Office of Kathleen A. Walrod Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k
Owner & transaction history
Harmon Meadow Owner LLC · 11 yrs held
Harmon Meadow Owner LLC
since 2015
1 recorded transaction
2015
$54.5M
Zoning & alternative use
RC · Secaucus, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

District contains large scale commercial development proximate to major roadways and is designed to accommodate a range of commercial uses serving a regional market area

Zone name Regional Commercial
General category COMMERCIAL
Zone area 289.87 ac
Source Realmo
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