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8,640 SF Auto | 6 Bays | High Traffic Rt 46 263 US Highway 46 8,640 SF Retail Building Saddle Brook, NJ 07663 $2,688,888 ($311.21/SF) 5.69% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully renovated in 2017, this turnkey property is ideal for retail and vehicle-related use, with six bays and four car lifts, and a new compressor.
- A fantastic location fronting Route 46 provides the location with robust brand exposure to more than 25,000 daily vehicles.
- In addition to the service-oriented space, the current buildout provides a private office, a bathroom, and an upstairs level with storage spaces.
- Situated in a prime location, the property is proximate to major business centers, retail hubs, and top-rated dining options.
- Customers are drawn to the area by nearby attractions such as the Garden State Plaza shopping center and the Saddle River County Park.
EXECUTIVE SUMMARY
Presenting an exceptional opportunity for retail and vehicle-related investors, this property at 263 U.S. 46 in Saddle Brook, New Jersey, offers an 8,640-square-foot building with six bays and four car lifts. Built in 1965 and renovated in 2017, the property features one office, a bathroom, upstairs, storage, and a new compressor. A strategic investment in a highly desirable location, this property represents a compelling prospect for investors seeking a strong foothold in the thriving commercial landscape of Northern New Jersey.
Discover the vibrant Northern New Jersey market surrounding the property at 263 U.S. 46 in Saddle Brook, NJ. The property is ideally situated in the Northern NJ area, zoned B-2 for optimal commercial use. With its prime location and modern updates, this property is poised to serve the needs of retail and vehicle-related businesses with ease.
This prime location offers proximity to major business centers, retail hubs, and dining options. Situated near major highways and just a short drive from Manhattan, the area provides excellent accessibility for both employees and clients. Nearby attractions include the Garden State Plaza shopping center, popular dining destinations in Bergen County, and the picturesque Saddle River County Park. With a robust commercial landscape and a range of amenities, this area presents a compelling opportunity for office and office building investors looking to capitalize on the dynamic Northern NJ market.
Discover the vibrant Northern New Jersey market surrounding the property at 263 U.S. 46 in Saddle Brook, NJ. The property is ideally situated in the Northern NJ area, zoned B-2 for optimal commercial use. With its prime location and modern updates, this property is poised to serve the needs of retail and vehicle-related businesses with ease.
This prime location offers proximity to major business centers, retail hubs, and dining options. Situated near major highways and just a short drive from Manhattan, the area provides excellent accessibility for both employees and clients. Nearby attractions include the Garden State Plaza shopping center, popular dining destinations in Bergen County, and the picturesque Saddle River County Park. With a robust commercial landscape and a range of amenities, this area presents a compelling opportunity for office and office building investors looking to capitalize on the dynamic Northern NJ market.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,640 SF
Building Class
C
Year Built
1965
Price
$2,688,888
Price Per SF
$311.21
Cap Rate
5.69%
NOI
$153,012
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.52 AC
Zoning
B-2 - B-2 zoning allowing for a range of business uses. Please see zoning table of applicable uses.
Parking
10 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
218’ on US 46 West
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Freeway Visibility
- Security System
- Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 57-00120-0000-00007 | Total Assessment | $1,337,500 |
| Land Assessment | $664,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $673,500 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
57-00120-0000-00007
Land Assessment
$664,000
Improvements Assessment
$673,500
Total Assessment
$1,337,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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8,640 SF Auto | 6 Bays | High Traffic Rt 46 | 263 US Highway 46
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