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1-19 Ampere Pky 5,952 SF 100% Leased Retail Building East Orange, NJ 07017 $899,000 ($151.04/SF) 8.78% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy foot Traffic
- Annual Increases
- Room to Grow
EXECUTIVE SUMMARY
Great Investment opportunity in East Orange with this 8 Store Retail Plaza. Located directly in a densely populated neighborhood with a strong mix of residential and commercial surroundings. This real estate piece is a perfect addition to your portfolio whether its a 1st time purchase or the experienced investor. Solid tenant base in this Commercial Complex including a Laundromat, Beauty Salon and flourishing Courts Empanadas.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,952 SF
Building Class
C
Year Built
1960
Price
$899,000
Price Per SF
$151.04
Cap Rate
8.78%
NOI
$78,932
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.32 AC
Zoning
R-2
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Bluesky Orange LLC
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- JeWayne K. Jones & Natasha D. Kearney
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Bluesky Orange LLC | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| JeWayne K. Jones & Natasha D. Kearney | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00096-0000-00001 | Total Assessment | $343,200 (2025) |
| Land Assessment | $222,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $120,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05-00096-0000-00001
Land Assessment
$222,800 (2025)
Improvements Assessment
$120,400 (2025)
Total Assessment
$343,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1-19 Ampere Pky
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