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313 Washington Ave
Belleville, NJ 07109
Property For Lease
Highlights
- Frontage Along Washington Ave
- Value Add – Hands Off/Passive Opportunity
- Retail & Office/Event Space with 10 Parking Spaces
- Under Market Rent
- 9% Pro-Forma Cap Rate at Year 6 of Lease
- High Traffic & Exposure
Property Facts
| Property Type | Retail | Year Built | 2012 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.4/1,000 SF |
| Gross Leasable Area | 5,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,400 SF |
| Year Built | 2012 |
| Parking Ratio | 2.4/1,000 SF |
About the Property
313 Washington Ave is a well maintained 2 unit commercial building that represents a rare value add passive investment opportunity. The building is comprised of ground floor restaurant space and office/event space on the second floor. The building is currently occupied by a single tenant and has 5 years remaining on their lease term.
- 24 Hour Access
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
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