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1835 Highway 35
Middletown, NJ 07748

Route 35 Strip Center · Retail Property For Sale

Storefront Properties New Jersey Middletown 1835 Highway 35, Middletown, NJ 07748

Investment Highlights

  • Over 35K vehicles/day on Route 35
  • Staggered lease expirations with rent increases
  • Anchored by Benjamin Moore Paints

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
29,411 SF
Building Class
C
Year Built
1956
Price
$5,857,000
Price Per SF
$199
Cap Rate
6.50%
NOI
$380,726
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Land Acres
1.84 AC
Zoning
COMMERCIAL
Parking
50 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
270 FT on Rt 35

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Storage Space

PROPERTY TAXES

Parcel Number 32-00599-0000-00009 Improvements Assessment $2,669,200
Land Assessment $1,604,000 Total Assessment $4,273,200

PROPERTY TAXES

Parcel Number
32-00599-0000-00009
Land Assessment
$1,604,000
Improvements Assessment
$2,669,200
Total Assessment
$4,273,200
 

  • Listing ID: 32160789

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 1835 Highway 35, Middletown, NJ 07748

More public record information on 1835 Highway 35, Middletown, NJ 07748

The Retail Property at 1835 Highway 35, Middletown, NJ 07748 is currently available For Sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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