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223 Route 17 1,850 SF Retail Building Rochelle Park, NJ 07662 $1,100,000 ($594.59/SF) 4.58% Cap Rate
EXECUTIVE SUMMARY
Exceptional Investment Opportunity:
Acquire a boutique freestanding building located on Route 17.
This well-maintained property offers a strong Net Operating Income (NOI)
and is currently leased to a thriving smoke shop.
For further details, please reach out to Evan.
Acquire a boutique freestanding building located on Route 17.
This well-maintained property offers a strong Net Operating Income (NOI)
and is currently leased to a thriving smoke shop.
For further details, please reach out to Evan.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,850 SF
Building Class
C
Year Built
1994
Price
$1,100,000
Price Per SF
$594.59
Cap Rate
4.58%
NOI
$50,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.15 AC
AMENITIES
- Freeway Visibility
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 54-00051-02-00005-02 | Improvements Assessment | $242,500 |
| Land Assessment | $217,500 | Total Assessment | $460,000 |
PROPERTY TAXES
Parcel Number
54-00051-02-00005-02
Land Assessment
$217,500
Improvements Assessment
$242,500
Total Assessment
$460,000
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223 Route 17
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