1641 S Olden Ave
Hamilton, NJ 08610
Olden Plaza Shopping Center · Retail Property For Sale
Property Facts
About 1641 S OLDEN AVE , HAMILTON, NJ 08610
Marcus & Millichap is pleased to exclusively list for sale Olden Plaza, a 11,500 square foot retail center, located in Hamilton, NJ (Mercer County). The center is currently 100% leased and situated between S Olden Avenue and Old Olden Avenue. Built in 2006 on a 1.42 acre lot, Olden Plaza is strategically located less than 1.5 miles from Interstate 295 and within proximity to numerous multi-family residential communities which combined, total more than 1,600 units. Hamilton Village Apartments, Winding Brook Apartments, Hamilton Estates, Ryan Homes at Hamilton Chase and Wingate Apartments are all located within 2 miles of Olden Plaza. All tenants are on NNN leases and fully reimburse for taxes, common area maintenance and insurance; in addition to all administrative and management costs. Hamilton Township is located in Mercer County, New Jersey. The subject property is approximately 43 miles northeast of Philadelphia, PA. Within a five-mile radius of Hamilton, the average household income is $83,446 among the 232,329 individuals who reside within a five-mile radius of the subject property. The asking price of $3,000,000 represents a 7.0 percent cap rate.
Property Taxes
| Parcel Number | 03-02244-0000-00002 | Improvements Assessment | $1,464,300 |
| Land Assessment | $243,200 | Total Assessment | $1,707,500 |
Property Taxes
