STNL Sherwin Williams Store PRICE REDUCED! | 34 E Holly Ave
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STNL Sherwin Williams Store PRICE REDUCED! 34 E Holly Ave
4,000 SF Retail Building Pitman, NJ 08071 $1,750,000 ($438/SF) 5.71% Cap Rate
Investment Highlights
- 100% renovation and new 10 year lease
- on site parking lot and adjacent to public parking lot
- 60+ year operating history in this location
Executive Summary
Freestanding Sherwin Williams with 60+ year operating history at this location. Property has been completely renovated with new roof, HVAC, utilities, fascia, parking lot- requiring the tenant's temporary relocation during construction.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
C
Year Built
1982
Price
$1,750,000
Price Per SF
$438
Cap Rate
5.71%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.23 AC
Zoning
C1 - C1 zoning is a commercial zoning district for locally-serving businesses
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
49 FT on Holly Ave
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 15-00114-0000-00003 | Improvements Assessment | $163,100 |
Land Assessment | $60,100 | Total Assessment | $223,200 |
PROPERTY TAXES
Parcel Number
15-00114-0000-00003
Land Assessment
$60,100
Improvements Assessment
$163,100
Total Assessment
$223,200
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STNL Sherwin Williams Store PRICE REDUCED! | 34 E Holly Ave
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