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- LoopNet Team
108 State Route 183
Stanhope, NJ 07874
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.5/1,000 SF |
| Gross Leasable Area | 6,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,000 SF |
| Year Built | 2004 |
| Parking Ratio | 2.5/1,000 SF |
ABOUT THE PROPERTY
This mixed-use building consists of retail space on the ground floor and two residential apartments. The property is currently 100% leased. NAPA Auto Parts has been the retail tenant at this property for the past 35+ years. Both apartments are leased and have tenants in place. This asset is well positioned, right off Interstate 80, and North of Route 46. Situated between two ShopRite’s (Netcong and Byram), NJ-183 serves as a great carrier of local traffic. This property is also adjacent to Crunch Fitness and Dollar General. Approximately two miles away is a well-known business landmark, the International Trade Center with Amazon fulfillment center coming soon. The center is a multiacre office park located in Mount Olive. Formerly the site of BASF until 2004, it is currently home to facilities of L3 Technologies, Bosal USA, Coherent Advanced Crystal Group, Vistar, and Robertet, among others. It’s also home to some of the largest retailers including Walmart, Lowes, TjMaxx, Old Navy, PetSmart, McDonald’s, Panera, Wendy’s, Applebee’s and Wells Fargo. A Residence Inn by Marriott and Extended Stay America are also nearby. The center is designated as a foreign trade zone by the State of New Jersey.
