COLLEGE PLAZA SHOPPING CENTER 2 Retail Properties Offered at $16,000,000 in Randolph, NJ
EXECUTIVE SUMMARY
This property consists of 2 buildings: 30,000 sf & 36,750 sf; Has a Solar System; 350 Car Parking; Well Established Retail Storefront, Retail /Office; Traffic Count: 31,279 Cars per day; NOI is $1,266,366 (includes 1,544 sf Unit 2, vacant). Sale Price is $16,000,000 CAP is 7%. Taxes: approx. $5.01 psf.
Video link: https://www.youtube.com/watch?v=vDlO5wWMyOo
Video link: https://www.youtube.com/watch?v=vDlO5wWMyOo
PROPERTY FACTS
| Price | $16,000,000 |
| Price / SF | $242.42 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 66,000 SF |
| Total Land Area | 7.79 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building 2
477 State Route 10, Randolph, NJ 07869 |
Retail | 36,000 SF | 1999 | - |
|
Building 1
477 State Route 10, Randolph, NJ 07869 |
Retail | 30,000 SF | 1999 | - |
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