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28,600 sq. ft. retail center available 1661 N Olden Ave 28,600 SF 70% Leased Retail Building Ewing, NJ 08638 $2,900,000 ($101.40/SF)

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EXECUTIVE SUMMARY

Excellent location surrounded by major retailers including dealerships and fast-food establishments along major corridor in Ewing Township. 28,600 sq. ft. building currently demised into 3 stores with The Sneaker Outlet on one end and Regency Furniture on the opposite end. One story block building with flat membrane roof, 30 parking spaces, steel truss throughout for easy fit-out, large storage area in the rear of the building that goes the span of the building for storage and access. The middle unit is currently vacant and could be demised into two units or keep as one large unit. The owner currently occupies the 17,000 sq. ft. Sneaker Outlet, which is 2 large units, combined, open area retail with 12-14 Ft ceilings throughout. This is a great opportunity for users looking for large retail location of 28,600 sq. ft. or demise the space into stores and make one large center. Great exposure and high traffic area with ingress / egress onto Olden Ave.. Could be a prime development site for end user/ developer. Also for lease at $11/ sq. ft. . Call for more information and tours.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

28,600 SF

Building Class

Year Built

1950

Price

$2,900,000

Price Per SF

$101.40

Percent Leased

70%

Tenancy

Multiple

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.74

Lot Size

0.89 AC

Zoning

B-H - Highway Business zoning allows for a variety of retail and office uses. Call for additional details.

Parking

30 Spaces (1.05 Spaces per 1,000 SF Leased)

Frontage

275’ on Olden Avenue Ext

Air Conditioning

MAJOR TENANTS

Retailer
5,000 SF
-
TBD
-

Regency Furniture is a premiere furniture retail brand that has served the Washington metropolitan area for nearly two decades. Originally founded and established as a family-owned business in 1999; they have experienced continual growth and expansion because of their amazing customers, and outstanding products and services. As they grow, they strive to retain the most earnest aspects of they business, which includes providing all customers the kind of personalized and unique experience they would have at small businesses while at the same time having an abundance of different selections and items they can choose from.