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304 Mountain Ave
Hackettstown, NJ 07840
Friendly's - Below Market Rent · Retail Property For Sale
Investment Highlights
- Absolute NNN Friendly's – 11.5± Years Remaining on Corporate Lease
- High-Visibility Retail Corridor – 25,500± VPD Along Mountain Ave - Easy Access and Exposure
- Attractive Basis with Repositioning Optionality –Ability to Reset Rent or Backfill at Market Upon Rollover
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,188 SF
Building Class
C
Year Built
2013
Price
$1,325,000
Price Per SF
$415.62
Cap Rate
5%
NOI
$66,245
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.72 AC
Zoning
HC
Parking
54 Spaces (16.94 Spaces per 1,000 SF Leased)
Frontage
65’ on Mountain Ave
Property Taxes
| Parcel Number | 08-00129-0000-00017-01 | Improvements Assessment | $304,500 |
| Land Assessment | $755,400 | Total Assessment | $1,059,900 |
Property Taxes
Parcel Number
08-00129-0000-00017-01
Land Assessment
$755,400
Improvements Assessment
$304,500
Total Assessment
$1,059,900
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