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687 US 1
Edison, NJ 08817

$7,847,000 USD

Storefront For Sale  •  8,443 SF

Property Details

• Property Type Storefront
• Total Building Size 8,187 SF
• Lot Size 0.87 AC
• Building Class C
• Year Built 1970
• Cap Rate 6.50 %
• Tenancy Multiple
• Zoning GBH

0 Transit Score

77 Walk Score

Highlights

100% leased strip center anchored by CityMD with long-term NNN leases and scheduled rent increases.

Prime location along US-1 with exposure to over 81,400 vehicles per day and excellent visibility.

Weighted average lease term of ±9.2 years with all tenants on 10-year initial terms and renewal options.

Dense and affluent demographics with 294,000+ residents and $119,000+ average household income within 5 miles.

Diverse tenant mix including medical and retail, with established multi-unit operators and strong regional brands.

Surrounded by major national retailers and automotive dealerships in a dominant New Jersey retail corridor.

Cap Rate:

6.50 %

Amenities

• Freeway Visibility

Public Transportation

Commuter Rail	Drive	Walk	Distance
Edison (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.8 mi
Metuchen (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit))	6 min	-	3.6 mi
Airport	Drive	Walk	Distance
Newark Liberty International	30 min	-	24.3 mi
Trenton Mercer	43 min	-	31.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes