Garwood Station Mixed Use 99 Center St 5,200 SF 100% Leased Retail Building Garwood, NJ 07027 $1,872,000 ($360/SF) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Restaurant Has Long Term Tenancy History At This Location.
- Potential To Increase Current Rental Income.
- Above The Retail Are 3, Renovated, 2 Bedroom Apartments.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,200 SF
Building Class
C
Year Built
1931
Price
$1,872,000
Price Per SF
$360
Cap Rate
6.30%
NOI
$117,963
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.06 AC
Zoning
C - Commercial
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-00402-0000-00004-01 | Improvements Assessment | $640,400 |
| Land Assessment | $235,100 | Total Assessment | $875,500 |
