10 Route 23 | Montague, NJ 07827
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- LoopNet Team
10 Route 23
Montague, NJ 07827
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Unique value-add opportunity of a retail center formerly anchored by ShopRite and T.J. Maxx
- Flexible zoning permits warehouse, self storage, R&D, hotel and retail as of right
- Strong retail submarket with 6.5M SF of inventory and a vacancy rate of just 2.1%
- Less than a mile and one turn from I-84
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
114,679 SF
Building Class
B
Year Built/Renovated
1969/2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
16.90 AC
Zoning
C2
Parking
660 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
470’ on State Route 23
PROPERTY TAXES
| Parcel Number | 14-00002-0000-00005 | Improvements Assessment | $5,826,000 |
| Land Assessment | $1,674,000 | Total Assessment | $7,500,000 |
PROPERTY TAXES
Parcel Number
14-00002-0000-00005
Land Assessment
$1,674,000
Improvements Assessment
$5,826,000
Total Assessment
$7,500,000
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