90 County Road
Tenafly, NJ 07670 ·
4,550 SF · Retail For Sale
|Building Size||4,550 SF||No. Stories||2|
Free Standing BldgMore...
|Property Use Type||Net Lease Investment with 5 years left on lease||Lot Size||0.32 AC|
|Commission Split||1.5%||APN / Parcel ID||610106010000000027|
|Listing ID: 17682024||Date Created: 05/29/2012||Last Updated: 08/20/2014|
Marcus and Millichap is pleased to present the sale of 90 County Road in Tenafly, New Jersey. The subject property is a 100 percent leased single tenant property, by Prominent Properties Sotheby's International Realty. The building size is 4,550-square feet and is located in downtown Tenafly, New Jersey. The building had a complete gut renovation in 2008, including HVAC, roof, windows etc..6.5 Years Remain on Lease w/ Tenant willing to
Extend up to3-5 more years on Intial Term
The property is very visible and has an excellent traffic count. County Road is a main road that passes through the downtowns of affluent towns such as Englewood, Tenafly, Cresskill and Closter. In the immediate area you have BMW,CVS, 7-11 and other national tenants as well as brand new apartment developments, a vibrant downtown with many restaurants, coffee shops and boutiques..
- 2011 Average One Mile Household Income $189,000
- 10% Rent Increase on 12/1/2013- Rent Increases to $151,000
- Building in Excellent Condition-Complete Gut Renovation in 2008
- 6.5 Years Remaining on Lease w/ Tenant open to extending an additional 3-5 Years
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