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211 Woodbridge Ave
Highland Park, NJ 08904
Retail Property For Sale
Investment Highlights
- ATTENTION: Investors... True NNN lease... WOW... NEW PRICE at 9.65 CAP RATE!
- Three 5-year Renewal Options...
- Quick Access to Rte 1...
- High Quality Tenant... MobilityWorks.
- Free-Standing... 12,235 SF building with Prominent Visibility...
- Sprinklered...
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,235 SF
Building Class
C
Year Built/Renovated
1950/2014
Tenancy
Single
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.53 AC
Zoning
C
Parking
30 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
195’ on Woodbridge Ave
Amenities
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
About 211 WOODBRIDGE AVE , HIGHLAND PARK, NJ 08904
ATTENTION INVESTORS.... NEW UNBELIEVABLE ASK PRICE! Fully leased, Free-Standing, Retail Commercial Property, with on-site parking, near Rte 1, & close to downtown Highland Park, Edison, & the City of New Brunswick. True "NNN" 6-year Lease, effective February 6, 2014 with three 5-year renewal options, with CPI increases. High quality single tenant, leasing all 12,235 SF. The property has been updated (e.g. HV/AC, roofing, Interior Buildout). Property includes lots 7, 8, 19, and 18. Lease & financials are available, upon signed Non-Disclosure/Confidentiality Agreement. Initial Lease has been extended through 4th quarter 2021. Existing Tenant has three 5-year renewal options, remaining.
Property Taxes
| Parcel Number | 07-03907-0000-00007 | Improvements Assessment | $1,004,600 |
| Land Assessment | $600,000 | Total Assessment | $1,604,600 |
Property Taxes
Parcel Number
07-03907-0000-00007
Land Assessment
$600,000
Improvements Assessment
$1,004,600
Total Assessment
$1,604,600
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