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179 South St
Freehold, NJ 07728
Metro Plaza · Retail Property For Sale
Investment Highlights
- No Unit Greater Than 13% of the GLA – Mitigating Landlord Risk
- Opportunity to Raise Rents to Market Value and Convert all the Leases to NNN
- Many Tenants Have Scheduled Rental Increases and a Long-Standing History at the Center
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
28,011 SF
Building Class
C
Year Built
1954
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.59 AC
Zoning
Commercial
Parking
60 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
199’ on 179 South St
Amenities
- Signage
Property Taxes
| Parcel Number | 17-00049-37-00037 | Improvements Assessment | $2,175,500 |
| Land Assessment | $1,424,500 | Total Assessment | $3,600,000 |
Property Taxes
Parcel Number
17-00049-37-00037
Land Assessment
$1,424,500
Improvements Assessment
$2,175,500
Total Assessment
$3,600,000
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