1620 Oak Tree RdEdison, NJ 08820
- Commercial real estate
- 0.73 AC
Property Details for 1620 Oak Tree Rd
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.73 AC
- Zone code
- GB
- Property type
- Commercial real estate
- APN
- 05 00546- 02-00043- 01
- APU
- 500546020004301
Description
This exceptional 13,738-square-foot freestanding retail building located at 1620 Oak Tree Road in Middlesex County is currently available for lease. The property boasts a highly desirable single-tenant occupancy, offering complete control and flexibility for the new occupant. Its prime corner location ensures excellent visibility and accessibility, further enhanced by prominent pylon signage. Ample private parking is available for customers and employees, adding to the convenience and appeal of this location. The building is a single-story structure, providing easy navigation and efficient use of space. The property's strategic location places it in close proximity to several established national retailers, including Exxon, Bank of America, and Burger King, creating a strong synergy and high foot traffic potential. This ensures a robust customer base and increased brand awareness for the tenant. The lease expiration date is January 31, 2041. All leases must be coterminous. This presents a unique opportunity for a business seeking a well-positioned, high-visibility retail space with significant long-term potential. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,008,720
- Hospitality
- $5,503,956
- Educational
- $4,579,226
- Medical
- $4,736,713
- Retail
- $7,123,241
Location Insight
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.5734
- Longitude
- -74.3365
- 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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- Please email our support team at [email protected] and they will add the team member.
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