1551 Highway 1 | Edison, NJ 08837
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1551 Highway 1
Edison, NJ 08837
NNN Panera (Freestanding/Drive-Thru) HWY-1 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Exposed US HWY 1 Location infront of Menlo Park Mall.
- Close to NJ Turnpike and NJ Transit locations.
- +/-93,000 Vehicles pass daily
- Freestanding building with drive-thru.
- Panera Bread has occupied this location for over 19 years and extended their lease for an additional 5 years to 2028.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.41 AC
Zoning
GBH
Parking
52 Spaces (8.39 Spaces per 1,000 SF Leased)
Frontage
120’ on US HIGHWAY 1
PROPERTY TAXES
| Parcel Number | 05-00691-0000-00007-61 | Improvements Assessment | $302,000 |
| Land Assessment | $423,000 | Total Assessment | $725,000 |
PROPERTY TAXES
Parcel Number
05-00691-0000-00007-61
Land Assessment
$423,000
Improvements Assessment
$302,000
Total Assessment
$725,000
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