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    Property profile & analytics
    OFF-MARKET Estimated value $520,000
    Office Spaces

    8 Franklin St 12, Bloomfield, NJ 07003-5731

    10.65 ac lot Built 2002
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US59-3048261
    Property summary
    AI-generated overview

    This exceptional retail leasing opportunity is located inside a high-traffic Stop & Shop in Bloomfield, NJ (07003), at 8 Franklin St. The 500 square foot space offers a prime, front-of-store location providing unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept boasts a range of benefits, including a strategic placement for maximum customer interaction and a simple all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities. Branding opportunities are available, both inside and outside the store. The location benefits from exceptional demographics within a thriving trade area. Ideal for businesses such as financial institutions, service businesses (e.g., pack & ship, repair services), health and wellness providers, insurance, and real estate. Prohibited uses include food and beverage services, restaurants, and smoke shops. This is a unique opportunity to position your business in one of the Northeast's most well-known grocery store destinations. The property is a multiple tenancy retail space in Essex County.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 2002
    Lot 10.65 ac (463,914 SF)
    Zoning code CC
    APN 02 00392-0000-00050-0000-C0003
    UPID US59-3048261
    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
    • Stop & Shop Grocery & Convenience Store Food Market
    • Stop & Shop Pharmacy Pharmacy
    • PNC Bank Bank Loan Service
    • Western Union Bank Credit Union
    • Pranav Patel Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $520k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $520k
    Owner & transaction history
    Bloomfield Franklin LLC · 19 yrs held
    Bloomfield Franklin LLC
    since 2006
    1 recorded transaction
    2006
    $11.7M
    Zoning & alternative use
    CC · Bloomfield, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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