207 E Broad St | Westfield, NJ 07090
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- LoopNet Team
207 E Broad St
Westfield, NJ 07090
Rare Single Tenant Trophy Location · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare trophy opportunity in downtown Westfield, New Jersey single tenant property fully leased to The Gap, Inc.
- There is long-term stability at the property as The Gap has been there for 30 years, and a recent five-year extension was signed.
- Many national retailers nearby including Wells Fargo, Chipotle, Starbucks, Verizon, T-Mobile, Trader Joe's, PNC Bank, Five Guys, Walgreens, and CVS.
- Located just two blocks from the HBC Development, home to the future 300,000-square-foot office space and 200 residential units.
- Access to the property is a breeze via car, and it is also located one block from the Westfield NJ transit train station.
- Demographics boasting over 346,000 people within five miles and an average annual household income of over $228,000 within one mile.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
10,622 SF
Building Class
B
Year Built/Renovated
1930/1993
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.03
Lot Size
0.12 AC
Parcel Numbers
Frontage
47’ on Broad St
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