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College Plaza 2 Retail Properties Offered at $16,250,000 in Randolph, NJ
Investment Highlights
- Prominent retail and office complex positioned along a major New Jersey commercial corridor
- High daily traffic count promoting consistent customer visibility and activity
- Ample parking accommodating 267 vehicles, enhancing customer and tenant access
- Two-building configuration offering strong tenant diversification and operational flexibility
- On-site solar system supporting long-term operational efficiency and sustainability
- Established location suitable for retail, storefront, and office users with stable demand
Executive Summary
Team Resources, as exclusive agent, is pleased to present this well established Retail/Storefront/Office complex of 66,750 +/- Sq. Ft. consisting of 2 buildings plus solar system! The complex includes a 2,308 sq. ft. vacant unit available for lease at $20 psf net.
Property Facts
| Price | $16,250,000 | Number of Properties | 2 |
| Price / SF | $246.21 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 66,000 SF |
| Sale Type | Investment | Total Land Area | 7.79 AC |
| Status | Active |
| Price | $16,250,000 |
| Price / SF | $246.21 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 66,000 SF |
| Total Land Area | 7.79 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 2
477 State Route 10, Randolph, NJ 07869 |
Retail | 36,000 SF | 1999 | - |
|
Building 1
477 State Route 10, Randolph, NJ 07869 |
Retail | 30,000 SF | 1999 | - |
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College Plaza
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