126 Route 10 | Succasunna, NJ 07876
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- LoopNet Team
126 Route 10
Succasunna, NJ 07876
Value-Add Mixed-Use Asset in Morris County · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Highly visible 5,820 SF two-story mixed-use retail and office building on Route 10 West in Morris County seeing over 31,000 vehicles per day.
- Immediate opportunity to add value and boost NOI through lease up or occupancy of the second-floor space.
- THIRTY (30) DAY CLOSING EXTENSION OPTION AVAILABLE (60 days total to close)
- Ground level fully leased to Arthur Murray Dance School (world's largest ballroom dance company - 270 studios in 22 countries).
- Second Floor (currently vacant) features 7 separate built out office suites. Convenient access to Interstate 80 and Routes 46 and 206.
- Exceptional opportunity for a user or investor to acquire a highly-visible asset along Route 10.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
5,820 SF
Building Class
B
Year Built
1987
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.51 AC
Parcel Number
36-03701-0000-00017
Zoning
B-2 - https://ecode360.com/34589700#34591081
Parking
26 Spaces (4.47 Spaces per 1,000 SF Leased)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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