328 State Rt 17 7,000 SF 52% Leased Retail Building Carlstadt, NJ 07072 $4,000,000 ($571.43/SF) 7% Cap Rate
EXECUTIVE SUMMARY
+/- 7000 SFt (dividable ) with 29 parking sport for lease in Route 17 in Carltstadt. close to Lincoln Tunnel, NJ Turnpike and Parkway. Permitted Uses. Within any commercial zone,
Hotels, retail service, office, retail service store, food supermarket (with town Approvals), professional office, discount
store, variety store, confectionery, shop of a plumber, electrician or similar
trades person, cleaning, pressing and tailoring operations
Hotels, retail service, office, retail service store, food supermarket (with town Approvals), professional office, discount
store, variety store, confectionery, shop of a plumber, electrician or similar
trades person, cleaning, pressing and tailoring operations
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
7,000 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$4,000,000
Price Per SF
$571.43
Cap Rate
7%
NOI
$280,000
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.69 AC
Zoning
C - commercial zone,Hotels, retail service, office, retail service store, food supermarket (with town Approvals), professional office, discount Store
Frontage
105’ on New Jersey 17
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 6,500 SF
- Retail
- -
- Jun 2025
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,500 SF | Retail | - | Jun 2025 |
1st Floor
| Size |
| 6,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jun 2025 |
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00107-0000-00015 | Improvements Assessment | $0 |
| Land Assessment | $540,000 | Total Assessment | $540,000 |
