• Broker Frank Cortes 9732027585

121 Main Ave 4,580 SF 100% Leased Retail Building Passaic, NJ 07055 $1,450,500 ($316.70/SF)

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INVESTMENT HIGHLIGHTS

  • Plenty of Parking
  • All stores fully rented
  • Centrally Located , Public Transportation , highways

EXECUTIVE SUMMARY

For sale: 4-storefront strip mall, fully leased with options to renew. All NNN. Approximately 21 parking spots available. Financial information is available upon request. Year built: 2000. Taxes: $32,490. Lot size: 100x143 (0.328 acre). Centrally located near highways in a sought-after area. Additional financial details available upon request please text or email. OFFICE EXCLUSIVE...

ATTACHMENTS

TDA NDA24

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,580 SF
Year Built
2000
Price
$1,450,500
Price Per SF
$316.70
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.33 AC
Zoning
CB - Commercial - Business District
Parking
21 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
100’ on Main

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Brook Avenue Stewart St, SE 6,170 2022 0.19 mi
Brook Avenue Spring St, SE 6,237 2022 0.23 mi
Van Houten Avenue PkAve, SE 6,895 2022 0.24 mi
Van Houten Avenue Park Ave, SE 6,992 2020 0.24 mi
Van Houten Avenue PkAve, NW 6,971 2022 0.26 mi
Main Ave Terhune Ave, SW 4,151 2022 0.26 mi
Howard Avenue Idaho St, SE 2,495 2022 0.30 mi
Van Houten Avenue - 11,920 2022 0.32 mi
Brook Ave Passaic County 608, SE 6,850 2022 0.32 mi
Howard Avenue - 2,531 2022 0.34 mi
Walk Score®
Very Walkable (72)

NEARBY MAJOR RETAILERS

Capital One
Valley National Bank
PNC Bank
Kearny Bank
The YMCA
CrossFit
Starbucks
Citi

PROPERTY TAXES

Parcel Number 07-03298-0000-00039 Improvements Assessment $321,000
Land Assessment $230,000 Total Assessment $551,000

MAP

ADDITIONAL PHOTOS

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