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7-Eleven 118 Godwin Ave 5,000 SF Retail Building Midland Park, NJ 07432 $3,950,000 ($790/SF) 5.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Stabilized, 100% Occupied Retail Center: Two-tenant property anchored by 7-Eleven and Fiona’s Italian Restaurant.
  • High-Barrier-to-Entry Market: Midland Park, Bergen County is known for limited new retail development opportunities
  • Flexible Zoning (B-1): Permits a variety of future tenant uses and potential redevelopment opportunities.
  • Prime Bergen County Location: Located at the signalized intersection of Godwin Ave, Goffle Rd, and Vreeland Ave, offering excellent visibility.
  • Attractive Parcel & Parking: Situated on a ±0.86 AC with ±5,000 SF GLA and an exceptional 76 parking spaces (15.2/1,000 SF).
  • Expansion Potential: Opportunity to add approximately ±2,800 SF of additional space, creating meaningful value-add upside for investors.

EXECUTIVE SUMMARY

Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,000 SF
Building Class
B
Year Built
1978
Price
$3,950,000
Price Per SF
$790
Cap Rate
5.45%
NOI
$215,275
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.86 AC
Zoning
B-1
Parking
76 Spaces (15.2 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

ACME
Kings Food Markets
Crunch Fitness
Starbucks
TD Bank
Bubbakoo's Burritos
Taylor Rental Center
Whole Foods Market
Capital One
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-00018-0000-00001
Land Assessment
$934,100
Improvements Assessment
$367,200
Total Assessment
$1,301,300
  • Listing ID: 38059566

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 118 Godwin Ave, Midland Park, NJ 07432

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