525-551 Us Highway 46 | Belvidere, NJ 07823
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525-551 Us Highway 46
Belvidere, NJ 07823
Belvidere Shopping Center · Retail Property For Sale
EXECUTIVE SUMMARY
This is a value add opportunity for any investor.
We have over an existing $250,000 rent roll with our 36,000sf former A&P box vacant in addition to small shop space.
This center has a strong upside potential for any grocer of potentially an Industrial re-development.
We have over an existing $250,000 rent roll with our 36,000sf former A&P box vacant in addition to small shop space.
This center has a strong upside potential for any grocer of potentially an Industrial re-development.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
70,000 SF
Building Class
B
Year Built/Renovated
1970/1991
Price
$6,500,000
Price Per SF
$93
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
11.52 AC
Parking
380 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
1,186 FT on US Highway 46
PROPERTY TAXES
| Parcel Number | 23-00053-0000-00001 | Improvements Assessment | $1,078,600 |
| Land Assessment | $2,271,400 | Total Assessment | $3,350,000 |
PROPERTY TAXES
Parcel Number
23-00053-0000-00001
Land Assessment
$2,271,400
Improvements Assessment
$1,078,600
Total Assessment
$3,350,000
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