The Agency Commercial Division is pleased to present the opportunity to acquire a substantial freestanding restaurant property situated along State Route 10 in Randolph, New Jersey. Offered at $2,700,000, this approximately 9,004-square-foot commercial building occupies a 2.32-acre site with approximately 414 feet of highway frontage, two curb cuts and 54 dedicated surface parking spaces. The property offers a combination of established restaurant infrastructure, substantial land area, highway exposure and access to an affluent Morris County trade area. For restaurant operators and hospitality groups, the opportunity provides an alternative to developing a restaurant from the ground up. The existing building has been configured for full-service restaurant operations, with established dining areas, customer reception space and supporting service infrastructure. The existing improvements may allow an incoming operator to redirect a portion of its investment toward branding, interior enhancements, equipment upgrades and business development rather than undertaking a complete restaurant conversion. For owner-users and investors, the acquisition provides control of a freestanding commercial property along an established highway corridor, with opportunities to evaluate the property's long-term operational and real estate potential. The opportunity combines an established restaurant property with the advantages of owning approximately 2.32 acres of commercial real estate in Morris County. Property Information Details Property Address 1105 State Route 10, Randolph, NJ 07869 Offering Type Real Estate for Sale Asking Price $2,700,000 Building Area Approximately 9,004 SF Land Area Approximately 2.32 Acres Land Area in SF Approximately 101,103 SF Building Type Freestanding Restaurant Construction Masonry Building Class B Year Built 1950 Stories One Zoning Commercial Highway Frontage Approximately 414 Feet Property Access Two Curb Cuts Parking 54 Surface Spaces Fire Protection Wet Sprinkler System Additional Features Air Conditioning, Smoke Detection, Signage and Wheelchair Accessibility Investment Highlights Established Restaurant Property Approximately 9,004 SF of existing restaurant space, offering a purchaser the opportunity to adapt an established hospitality environment to its own concept and operational requirements. Substantial 2.32-Acre Landholding Approximately 101,103 SF of land provides a significant site component, with opportunities to evaluate additional outdoor hospitality amenities and future property enhancements, subject to applicable approvals. 414 Feet of Route 10 Frontage Extensive highway frontage provides opportunities for building visibility, branding and signage, subject to applicable regulations. Existing Restaurant Infrastructure The established restaurant configuration may reduce the scope of construction required for an incoming operator compared with converting a conventional retail building. Dedicated Customer Parking The property provides 54 surface parking spaces and two curb cuts, supporting convenient customer access and restaurant operations. Hospitality Growth Potential The building and site may support additional restaurant programming, including private dining, catering and outdoor hospitality, subject to layout, infrastructure and municipal requirements. Location & Market Overview Located in Randolph Township within Morris County, the property benefits from its position along State Route 10, an established east-west commercial corridor serving residential communities, businesses and retail destinations throughout the region. The surrounding market provides a combination of residential households, daytime employment and automobile-oriented commercial activity. For restaurant operators, the location presents opportunities to attract both nearby residents and customers traveling along Route 10. The property's substantial frontage and freestanding configuration allow a restaurant to establish a distinct identity rather than relying exclusively on visibility within a multi-tenant shopping center. Two curb cuts and dedicated surface parking provide additional convenience for customers arriving by automobile. Highway traffic Nearby Route 10 traffic counts ±31,500 Vehicles Reported at nearby 2026 traffic measurement stations. Route 10 East 31,459 Route 10 West 31,471 Traffic counts are reported at separate nearby measurement stations approximately 0.36 and 0.43 miles from the property. They are not combined totals or measurements taken directly at the property frontage. Properties _ 1105 State Route 10.pdf The combination of highway exposure, customer access and an established commercial setting creates opportunities for a restaurant to serve both neighborhood residents and a broader regional customer base. 05 | Trade Area Demographics The surrounding trade area includes established residential neighborhoods, high household incomes and a meaningful daytime employment population. These characteristics may support restaurant concepts that serve multiple dining occasions, including weekday lunches, family dinners, weekend dining, corporate functions and special events. Demographic Snapshot Demographic 1 Mile 3 Miles Population 2,282 33,638 Households 780 12,499 Median Age 43.4 43.5 Median Household Income $178,628 $132,723 Daytime Employees 2,576 14,574 Source: Supplied property report. Demographic figures are estimates and should be independently verified for current underwriting. Properties _ 1105 State Route 10.pdf Restaurant demand considerations The reported median household income of approximately $132,723 within three miles provides a potential customer base for a range of restaurant concepts, from family-oriented dining to upscale casual and fine dining. The surrounding daytime employment population creates opportunities for weekday lunch business, corporate catering, business meetings and after-work dining. Additionally, the property's parking capacity and highway frontage may help an operator attract customers from beyond the immediate neighborhood. Actual customer demand and revenue potential will depend on the restaurant concept, pricing, competitive environment, marketing and management. 06 | Existing Restaurant Infrastructure One of the property's most significant advantages is its existing restaurant configuration. Developing a restaurant from a vacant parcel or converting a conventional retail building can involve substantial capital expenditures, including kitchen construction, mechanical systems, plumbing, electrical improvements, ventilation, fire protection and dining-room build-out. An established restaurant property allows an incoming operator to evaluate the potential reuse of existing improvements rather than st