1349 US Highway 202
3,800 SF 100% Leased Retail Building Branchburg, NJ 08853 $850,000 ($224/SF) 4.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy highway traffic
- Traffic light 4 way intersection
EXECUTIVE SUMMARY
1349 US 202 N Branchburg NJ 08853
Tenants:
$48,000 AR
RPY = $48,000
OPEX/Year = $7,000 (approximate)
NOI/Year = $41,000
Sale Price (non negotiable) = $850,000
(Cap Rate = 4.82%)
WHERE IS, AS IS
CAPEX recently completed:
New ductless mini split Installations completed ($20,000)
New Roof ($30,000)
New Baseboard Heating System ($10,000)
New Electric Panel ($10,000)
New Plumbing ($10,000)
AR = Annual Rent
RPY = Revenue Per Year
OPEX/Year = Operating Expenditures Per Year
NOI/Year = Net Operating Income Per Year
CAPEX = Capital Expenditures
Tenants:
$48,000 AR
RPY = $48,000
OPEX/Year = $7,000 (approximate)
NOI/Year = $41,000
Sale Price (non negotiable) = $850,000
(Cap Rate = 4.82%)
WHERE IS, AS IS
CAPEX recently completed:
New ductless mini split Installations completed ($20,000)
New Roof ($30,000)
New Baseboard Heating System ($10,000)
New Electric Panel ($10,000)
New Plumbing ($10,000)
AR = Annual Rent
RPY = Revenue Per Year
OPEX/Year = Operating Expenditures Per Year
NOI/Year = Net Operating Income Per Year
CAPEX = Capital Expenditures
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,800 SF
Building Class
C
Year Built
1944
Price
$850,000
Price Per SF
$224
Cap Rate
4.82%
NOI
$41,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.16
Lot Size
0.54 AC
Zoning
LD - Mixed Use property. Commercial and residential. Ample Parking.
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 05-00069-0000-00001 | Improvements Assessment | $183,600 |
| Land Assessment | $270,000 | Total Assessment | $453,600 |
CONTACT
-
Marco Maltese - Califon427 LLC.
