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Electric Auto Dealership Finds New Home on Route 10

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EAST HANOVER — A luxury electric vehicle dealership has leased nearly 6,900 square feet of highway retail space at 265 Route 10, according to a newly announced deal brokered by CBRE.

Prestige Collection EV LLC will occupy the former tanning salon, offering prime visibility along the heavily traveled Route 10 corridor. The site has an average daily traffic count of 47,000 vehicles and is within a one-mile radius with a median household income of approximately $150,000.

The property features high-capacity HVAC, 1,200-amp electric service, well-lit paved parking for 26 vehicles, and existing pylon signage—amenities that made it an attractive fit for the growing EV dealership.

CBRE’s Marta Person Villa represented the 265 Route 10 East LLC landlord in the 6,872-square-foot lease transaction.

“Offering prime visibility along the heavily trafficked Route 10 corridor, a great signage canopy, and parking for 26 vehicles, the former tanning salon location offered a valuable opportunity for this expanding EV dealership,” said Villa. “We are thrilled we were able to negotiate a beneficial transaction for our client, Prestige Collection EV, and the local community.”

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Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, Governor-Elect NJ District Kiwanis International and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board.
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