Union Avenue Retail Center | 310 Union Ave
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Union Avenue Retail Center 310 Union Ave
25,000 SF 100% Leased Retail Building Rutherford, NJ 07070 $7,600,000 ($304/SF) 6.57% Cap Rate
Investment Highlights
- All Tenants have Triple Net Leases and Annual Rental Increases
- Less than One Mile to the NJ Transit Rutherford Train Station
- Large Parking Lot in Rutherford with 111 Spaces
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,000 SF
Building Class
B
Year Built
1925
Price
$7,600,000
Price Per SF
$304
Cap Rate
6.57%
NOI
$499,459
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.30 AC
Zoning
R-1
Parking
110 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
158 FT on Union Ave
Nearby Major Retailers
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Union Avenue Retail Center | 310 Union Ave
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