Cranford, NJ
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    Cranford, NJ Strip Malls for Sale

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    Downtown Cranford Strip For Sale
    $2,750,000
    8,734 SF

    Downtown Cranford Strip For Sale

    8 Eastman St, Cranford, NJ

    Fully occupied 8,734 SF strip mall in downtown Cranford.

    • A+ Downtown Location: Just a 1‑minute walk to NJ Transit, at a signalized intersection with high visibility (15,600 VPD).
    • 100% Occupied Strip Center in Cranford, Union County, New Jersey.
    • Strong Demographics: Over 431,000 people within 5 miles, with an average household income exceeding $167,000 within 1 mile.
    • Stable Tenant Base: Features 3 pre‑Covid tenants with zero payment issues.
    • Tenants Reimburse for Taxes and Insurance Expenses (Modified Gross Leases).
    Updated: Dec 20, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cranford, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    CityMD Anchored Retail Center
    $8,294,000
    0.89 Acres

    CityMD Anchored Retail Center

    New construction retail strip center anchored by CityMD.

    691 US Hwy 1, Edison, NJ
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    CityMD-Anchored Strip Center For Sale
    $7,847,000
    8,187 SF

    CityMD-Anchored Strip Center For Sale

    100% leased strip center with long-term NNN leases.

    687 US-1, Edison, NJ 8817
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    Retail Strip Mall For Sale
    $4,500,000
    35,018 SF

    Retail Strip Mall For Sale

    Six-store retail strip mall with triple net leases.

    4811 Stelton Road, South Plainfield, NJ 07080
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    Retail Strip Mall For Sale
    $4,500,000
    35,018 SF

    Retail Strip Mall For Sale

    Six-store retail strip mall with triple net leases.

    4811 Stelton Road, South Plainfield, NJ 7080
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot in Middletown, NY
    $450,000
    2.90 Acres

    Corner Lot in Middletown, NY

    Corner lot suitable for any non-residential use.

    Airport Road, Middletown, NY 10940
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    Approved Land for Retail Center
    $365,000

    Approved Land for Retail Center

    Land with approvals for a retail strip center.

    4 Union Boulevard, Barnegat, NJ 8005
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    Prime Commercial Lot For Sale
    $395,000
    1.33 Acres

    Prime Commercial Lot For Sale

    1.3-acre commercial lot with approvals for 8,600 sq. ft. building.

    275 WHITE HORSE Pike, Atco, NJ 08004
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    Prime Commercial/Industrial Land Opportunity
    $3,200,000
    9.60 Acres

    Prime Commercial/Industrial Land Opportunity

    24.09 acres of commercially/industrially zoned land with high visibility.

    Blakeslee, PA 18610
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    Cranford, NJ Strip Malls Investment Opportunities Market Analysis

    Explore 1 strip malls for sale in Cranford, NJ on our real estate platform. These investment opportunities span a total of 8,734 square feet of properties for sale, with an estimated market value of $2,750,000.

    Sale prices for retail strips in Cranford, NJ start at $2,750,000, averaging $2,750,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $34.70 per sq ft
    Tax Rate 6.71%
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Cranford range between 10,000 - 25,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Cranford.

    Leading Commercial Asset Segments

    Banks 3
    Shopping centers 1
    Storefront properties 1

    Cranford Demographics Overview

    Population 24K
    Population Growth (5Y) -0.2%
    Median Household Income $148,629
    College Educated 91.9%

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