83 Woodport Rd 37,516 SF 100% Leased Retail Building Sparta, NJ 07871 $6,900,000 ($183.92/SF)
EXECUTIVE SUMMARY
Investment Property! Prominent location in downtown Sparta with city water & sewer. Broad-C Liquor License (Sparta Pours Bar), Restaurant w/Strong Takeout Biz, Food Operation, 32-Lane Bowling Business, Cell Tower Lease, 5 Unit Office, All Included - Valuable Real Estate. Multi-Tenanted Property (43 Centre, 81, 83 & 85 Woodport Rd). 200+ Park Capacity on 2.27 acres. Substantial Gross Revenue. Anchored with Panera and other Nationals. 98% Occupancy. Rare Opportunity!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
37,516 SF
Building Class
C
Year Built
1961
Price
$6,900,000
Price Per SF
$183.92
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Lot Size
227.00 AC
Zoning
TCC - TCC
Parking
100 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
138’ on Theatre Ctr
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,332,900 | |
| Land Assessment | $752,800 | Total Assessment | $3,085,700 |
