Oradell, NJ 07649 ·
22,400 SF · Retail For Sale
Retail Property For Sale
|Building Size||22,400 SF||Occupancy||100%|
|Property Type||Retail||Building Class||B|
|Property Use Type||Investment||Lot Size||1.16 AC|
|Listing ID: 17925105||Date Created: 11/23/2012||Last Updated: 03/08/2013|
-Colonial Type Buildling
-Ample Parking (70 spaces including 2 handicapped)
-Street Retail and Office Space
-Two Storied With Elevator
-Residents include: (Remax, Wells Fargo, Dahn Yoga, a Podiatrist, and More)
-High Traffic Visibility
This property is selling for $6,460,633 or $288 per square foot based off of a 6% cap rate and an NOI of $387,038
- Located right in the center of the city's busy downtown district!
- Adjacent to plenty of shopping, banks, restaurants, professional services, and more.
-Easy access to public bus and train transportation
-Affluent city with an average estimated median household income of $118,705 (2009) which is 74% higher than New Jersey's average median of $68,342 (2009)
-Oradell has a growing economy with median household income as of 2009 up 30.42% from $91,014 back in 2000.
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