700 Plaza DrSecaucus, NJ 07094
- Retail properties
- 8.07 AC
Property Details for 700 Plaza Dr
- Year built
- 1984
- Lot size
- 8.07 AC
- Zone code
- RC
- Property type
- Retail properties
- Property subtype
- Super regional malls
- APN
- 09 00227-0000-00005-0306-HM
- APU
- 09002270000000050306HM
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $85,433,816
- 6.5%
- $78,861,984
- 7%
- $73,228,984
-
Comparable approach
- Method
- Valuation
- Relative Method
- $115,745,560
- Geo Method
- $115,745,560
-
Alternative Use
- Use
- Valuation
- Residential
- $66,523,036
- Hospitality
- $60,934,744
- Educational
- $50,696,992
- Medical
- $52,440,540
- Retail
- $78,861,984
Location Insight
- City
- Secaucus
- County
- Hudson
- State
- New Jersey
- Latitude
- 40.7866
- Longitude
- -74.0453
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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