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1076 Ringwood Ave 4,542 SF 100% Leased Retail Building Haskell, NJ 07420 $1,229,013 ($270.59/SF) 7.50% Cap Rate



Investment Highlights
- Net leased NAPA Auto Parts store providing reliable rental income.
- Mixed-use configuration includes a 3-bedroom apartment for additional revenue.
Executive Summary
This offering presents a mixed-use property anchored by a NAPA Auto Parts store with a long-standing net lease and an additional income-producing residential component. Located on Ringwood Avenue in Haskell, NJ, this investment combines strong retail tenancy with future upside potential from a 3-bedroom apartment situated above the retail space.
The NAPA Auto Parts store operates under a net lease structure, providing investors with stable returns backed by a national automotive retail brand. The seven-year original lease term has 3.5 years remaining, with two renewal options of five years each, ensuring continuity and predictable income.
The NAPA Auto Parts store operates under a net lease structure, providing investors with stable returns backed by a national automotive retail brand. The seven-year original lease term has 3.5 years remaining, with two renewal options of five years each, ensuring continuity and predictable income.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,542 SF
Building Class
C
Year Built
1950
Price
$1,229,013
Price Per SF
$270.59
Cap Rate
7.50%
NOI
$92,176
Percent Leased
100%
Building Height
1 Story
Building FAR
0.52
Lot Size
0.20 AC
Zoning
B
Frontage
75’ on RINGWOOD AVE
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-00435-0000-00016 | Improvements Assessment | $218,400 |
| Land Assessment | $162,700 | Total Assessment | $381,100 |
Property Taxes
Parcel Number
13-00435-0000-00016
Land Assessment
$162,700
Improvements Assessment
$218,400
Total Assessment
$381,100
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1076 Ringwood Ave
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