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14 S West Blvd 8,320 SF 4-Star Retail Building Newfield, NJ 08344 $1,480,938 ($178.00/SF)
Investment Highlights
- Capitalization Rate is 9.5%, Absolute NNN Lease with no Landlord Responsibilities
Executive Summary
Dark Absolute NNN Lease with Family Dollar. Approximately 5 years remaining on initial lease term. Tenant has six (6) five (5) year renewal options with 10% increases at each extension period. Capitalization Rate is 9.5%. 42 Parking Spaces and two (2) of the spaces are handicapped. Parking Ratio of approximately 5/1,000 sf. Site sits on 1.92 acres.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Price
$1,480,938
Price Per SF
$178.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.92 AC
Zoning
C
Parking
42 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
61’ on West Blvd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Building was built in 2015, Family Dollar had previously occupied the building. The property is on 1.92 acres and has 42 parking spaces.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,320 SF | Retail | - | Now |
1st Floor
| Size |
| 8,320 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 8,320 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Building was built in 2015, Family Dollar had previously occupied the building. The property is on 1.92 acres and has 42 parking spaces.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13-00106-0000-00012 | Improvements Assessment | $977,000 |
| Land Assessment | $240,000 | Total Assessment | $1,217,000 |
Property Taxes
Parcel Number
13-00106-0000-00012
Land Assessment
$240,000
Improvements Assessment
$977,000
Total Assessment
$1,217,000
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14 S West Blvd
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