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1304 Liberty Ave 3,000 SF Retail Building Hillside, NJ 07205 $2,650,000 ($883.33/SF) 5.02% Cap Rate


INVESTMENT HIGHLIGHTS
- Beautiful corner lot with A credit tenant
- NNN lease is in place.
EXECUTIVE SUMMARY
The sale of this building includes a NNN lease with the occupant being Citizens Bank.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
2018
Price
$2,650,000
Price Per SF
$883.33
Cap Rate
5.02%
NOI
$133,100
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.86
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
RC
Frontage
35’ on Liberty Ave.
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-00703-0000-00008 | Improvements Assessment | $396,000 |
| Land Assessment | $173,500 | Total Assessment | $569,500 |
PROPERTY TAXES
Parcel Number
07-00703-0000-00008
Land Assessment
$173,500
Improvements Assessment
$396,000
Total Assessment
$569,500
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1304 Liberty Ave
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