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101 South Ave W
Cranford, NJ 07016

Bank of America Ground Lease · Retail Property For Sale

Investment Highlights

  • 10% rent increase on 10/1/2024 - 6.60% Cap Rate
  • Easy access to many local highways including I-95, Garden State Parkway, Route 22, 28, 9, and I-78
  • Less than ½ mile from Cranford NJ Transit train station

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,050 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
0.67 AC
Parking
23 Spaces (5.68 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-00402-0000-00001
Land Assessment
$271,900
Improvements Assessment
$399,500
Total Assessment
$671,400
  • Listing ID: 28128460

  • Date on Market: 4/3/2023

  • Last Updated:

  • Address: 101 South Ave W, Cranford, NJ 07016

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