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Oakland QSR Ground Lease Opportunity 24 W Oakland Ave

1.5 Acres of Commercial Land for Lease in Oakland, NJ 07436

Highlights

  • QSR GROUND LEASE OPPORTUNITY
  • 24/7 Operation
  • Co-Tenancy: Starbucks, Columbia Bank, Walgreens and City MD
  • 4,427SF QSR Approvals Will Be Obtained Early Q1 of 2023
  • Double Drive Through and 52 Parking Spaces
  • 24-Unit Apartment Building To Be Built In The Future

Lot For Lease

Display Rent as

Rent
  • Upon Application
  • Upon Application
  • Upon Application
  • Upon Application
  • Upon Application
  • Upon Application
Lease Term Negotiable
Lot Size 1.50 AC

Property Overview

This 1.5 acre QSR Ground Lease Opportunity is located at the signalized intersection of West Oakland Ave and Route 202; the property also features direct access to Interstate 287. Route 202 is a heavily trafficked road which runs through the heart of the retail corridor in Oakland. West Oakland Ave and Route 202 intersects with I-287 and allows for access from both sides of the interstate. The Traffic Count for Route 202 is 28,954 and the traffic count for West Oakland Ave is 12,123. The property is located at a traffic light and has contiguous parking between the Starbucks, Columbia Bank and Walgreens. The property features over 700’ of frontage along I-287 and approximately 250’ of frontage along West Oakland Ave. The site is only 15 feet away from direct access to Interstate 287, which has a traffic count of 99,339. This property allows for the unique opportunity to pull from the surrounding townships, the commuter traffic, and both sides of I-287.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Retail
  • Listing ID: 27417171

  • Date on Market: 02/01/2023

  • Last Updated:

  • Address: 24 W Oakland Ave, Oakland, NJ 07436

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