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531 RteHanover, NJ 07981

Free-standing retail building, 1774 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional free-standing retail property, located at 531 Route 10 in Whippany, New Jersey, offers 1,774 square feet of versatile space, currently vacant and ready for immediate occupancy. Situated on a 0.7-acre lot in Morris County, this single-tenant building presents a unique opportunity for owner-occupiers or investors seeking a high-visibility location. The property boasts ample parking, with a ratio of 5 spaces per 1,000 square feet, ensuring convenient access for customers and employees. Its prime location on Route 10 provides excellent exposure to high traffic volume, making it ideal for a variety of retail businesses. The building's free-standing design offers excellent branding opportunities and independent control over the property's aesthetic and functionality. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. This is a rare opportunity to acquire a well-located, spacious retail building in a thriving New Jersey market. The 07981 zip code offers a strong demographic profile, further enhancing the property's investment potential. The property's size and layout are highly adaptable to a range of retail concepts. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Highlights

  • 1,774 SF freestanding retail building on a 0.7-acre lot in Whippany, NJ.
  • Suitable for restaurant or retail use.
  • Prime highway location on Route 10 with high visibility and traffic counts (33,055 VPD on Route 10 and 17,633 VPD on Whippany Road).
  • Strong retail market in a densely populated area with excellent demographics (07981 zip code).
  • Ideal for food, medical, fitness, retail, or salon/wellness businesses.
  • Ample parking (5+ spaces per 1,000 SF).

Property Details for 531 Rte

Property type
Retail properties, Freestanding property
RSF (Rentable sq. ft)
1,774 SF

Unit(s) available at that property

Space
Space 1
Size
1,774 SF

Location Insight

City
Hanover
County
Morris
State
New Jersey
Latitude
40.8218644
Longitude
-74.4129675
531 Rte, Hanover, New Jersey

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531 Rte
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