188-190 Kearny Ave

10,000 SF 100% Leased Retail Building Kearny, NJ 07032 $2,300,000 ($230/SF) 6.82% Cap Rate

Investment Highlights

  • Strip Mall
  • 5 Store Fronts
  • 1.3 miles from the Harrison Train Station

Executive Summary

Located in the Heart of Kearny in a prime location. Just 1.3 miles from the Harrison Train Station. This strip mall offers 5 Store Fronts. The total square footage of the building is approximately 10,000 sq. ft.

Attachments

Expenses and NOI

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Year Built
1920
Price
$2,300,000
Price Per SF
$230
Cap Rate
6.82%
NOI
$156,880
Percent Leased
100%
Building Height
1 Story
Building FAR
1.00
Lot Size
0.23 AC
Zoning
C3
Frontage
85 FT on Kearny Avenue
Walk Score®
Walker's Paradise (92)

Nearby Major Retailers

Valley National Bank
Zizzi
Sarku Japan
BJ's Wholesale Club
Hook & Reel
Applebee's
Crown Bank
Chase Bank
ShopRite
Starbucks
  • Listing ID: 31649675

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 188-190 Kearny Ave, Kearny, NJ 07032