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Dunkin & USPS 32 Durban Ave 7,104 SF 100% Leased Retail Building Hopatcong, NJ 07843 $2,585,000 ($363.88/SF) 7.02% Cap Rate



Investment Highlights
- Strong Tenancy
- Minimal Landlord Responsibilities
- Lake Hopatcong
- Rent Increases
- Downtown Location
- Strong Demographics
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dunkin
- -
- -
- -
- Sep 2028
The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dunkin | - | - | - | Sep 2028 | ||
|
Transportation and Warehousing | - | $24.50 | Aug 2020 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-30320-0000-00005 | Improvements Assessment | $1,454,900 |
| Land Assessment | $540,000 | Total Assessment | $1,994,900 |
Property Taxes
Presented by
Dunkin & USPS | 32 Durban Ave
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